(adapted from an email from Michael Motion, Senior Project Manager, Turner & Townsend, time-stamped 2017_06_01 at 16:19. Leith Central CC is not responsible for any issues caused by the contents of this post, but will endeavour to publish any further relevant information it receives as soon as possible.)
We have been formally notified today that the contractor responsible for the works currently underway on Leith Walk, Land Engineering, has been put into administration.
Having carried out a comprehensive assessment of the company’s financial stability prior to signing the contract, which did not highlight any concerns, this is unexpected and particularly disappointing. As part of any assessment the Council seeks a third party credit agency opinion of the risk of business failure, and in relation to Land Engineering the third party opinion did not raise any issues.
We appreciate how frustrating this will be for businesses and residents.
We are currently in communication with the administrator and we are evaluating options to mitigate the impact and ensure the works, which to date have been running on time and to budget, are completed as soon as possible.
I am also aware that Land Engineering had recently issued a communication indicating that Brunswick Street would close on Monday 5 June to accommodate works to that junction. As a result of the above, this closure will not go ahead on Monday, and we will be in touch in due course with a revised closure date to complete the works at Brunswick Street.
Further updates will be issued as more information specific to completion of the works becomes available.
Senior Project Manager, Infrastructure
Turner & Townsend