Cleshar Contract Services will take over Carillion’s contract on 1st April 2017. All Carillion's employees on the job will be transferred to Cleshar with their terms and conditions protected, TfL said.
In the meantime, TfL will continue to work with accountancy firm PwC to ensure Carillion's workers on the East London Line continue to be paid.
Jonathan Fox, TfL’s director for rail and sponsored services, said: “I would like to give my sincere thanks for the continued commitment and professionalism of all employees during this uncertain time and am delighted that we will be able to secure a way forward for this contract and the Carillion staff affected."
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