Midas Group collapse felt across the south west

The collapse into administration of contractor Midas Group has hit a programme of public realm projects in south west England.

Midas was one of four contractors appointed in November 2020 by South Somerset District Council to a £12m framework to deliver public realm works across Chard, Wincanton and Yeovil.

The framework allowed the four contractors to bid for work. Procurement was delayed by the COVID-19 pandemic but six months later, the council appointed Midas to deliver a £9.3m package of public realm works around Westminster Street and Middle West Street as part of the wider £21.1m Yeovil Refresh regeneration programme.

The work, which included new street lighting and stone paving, started in September 2021 but ground to a halt in February after Midas slumped into administration.

A spokesperson for South Somerset District Council said: ‘We are saddened by the news of Midas and would like to thank them for all their work on the Yeovil Refresh project to this date.’

One of the other three contractors – Tarmac subsidiary Alun Griffiths, South West Highways (SWH) and Knights Brown – appointed to the framework is now expected to be called on to complete the work.

‘The terms of the South Somerset Public Realm Framework mean that there is a remedy in place to deal with such occurrences and we can confirm that we are working to resolve the situation to ensure that work on Westminster Street (pictured above) can restart as quickly as possible,’ added the council spokesperson.

‘We are working through the legal implications and will confirm which contractor will take over as soon as that process is concluded.’

Midas was also rumoured to be in the frame for a package of public realm works in Wincanton but the council added: ‘We can confirm that no appointment has been made for the Wincanton town centre strategy work.’

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