Public administration insolvencies

Insolvencies linked to public administration and defence are uncommon, since core government bodies do not become insolvent in the usual sense. The companies tagged here are typically contractors, arm's-length bodies and suppliers that serve the public sector.

Where these businesses fail, it is usually because a public contract ended or was not renewed, payment terms were tight, or the cost of delivering a fixed-price public contract outran the funding. Dependence on the public sector concentrates risk in a small number of large contracts.