Coffs subbies left out of pocket
A FINANCIALLY troubled construction company awarded Housing NSW building contracts in Coffs Harbour has left local sub-contractors fuming and out-of pocket.
Perle Pty Ltd, constructing public housing blocks in West High Street, Azalea Avenue and Harbour Drive, has entered voluntary administration.
Sub-contractors connected to Perle Pty Ltd’s Coffs Harbour projects, have been told a meeting of creditors will be held in Sydney this Friday.
Affected tradesmen and companies have taken their concerns to Coffs Harbour MP Andrew Fraser.
“It is obvious that this company was not only contracted to build Department of Housing accommodation in Coffs Harbour but also in other areas within the State,” Mr Fraser said. “As this scheme was funded by the federal Labor Government’s stimulus package, surely probity checks should have been conducted by the State Government before any contractors were engaged.”
Mr Fraser said between 250 and 500 creditors will attend Friday’s meeting.
“As a result of the company being put into administration, dozens of contractors in the Coffs Harbour area are now owed large amounts of money. One contractor has informed me that he is owed in excess of $35,000 and I believe there are others.
“I am asking all contractors who are unpaid to advise my office in order that I may make representations on their behalf to the State Government to find out what avenues are available to them to recoup the money they are owed.”
Formed in 1997, Perle Pty Ltd is a privately-owned Sydney company. Its directors claim 60 years’ building industry experience.
The company is said to have multiple projects under way in Sydney and throughout NSW.
Locally it was contracted to build the housing projects by one of the major construction companies overseeing government stimulus package contracts.
“Far from being a ‘stimulus package’ this could turn out to be a nightmare for local Coffs Harbour businesses,” Mr Fraser said.
“This reeks of the failures already witnessed under the Building the Education Revolution program and the pink batts scheme.
“Answers need to be given by both the state and federal governments immediately as this company’s failure will have a severe effect on the Coffs Harbour economy,” he said.