Project Coordination

2024 - 3 - 19

Did You Know? Building company collapses have increased by 30% in the last year.

Australian Companies - Business Management - Construction Industry - Financial Crisis

Learn about the rise in construction industry collapses and the impact on businesses and employees.

Award-winning builder Project Coordination, with a 50-year legacy, has tragically collapsed, sparking chaos in the construction industry. The Canberra-based company, known for managing projects worth millions, has left its staff jobless and projects worth $120 million up in the air. The unexpected crash has sent shockwaves through the industry, with the company now in voluntary administration. Family-run and highly respected, Project Coordination's sudden downfall has stunned many in the ACT and NSW regions. With RSM Australia Partners stepping in as administrators, the future of the once-thriving company hangs in the balance.

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Image courtesy of "NEWS.com.au"

Builder collapses after 50 years in business (NEWS.com.au)

A major building company has collapsed with the majority of staff sacked and $120 million worth of projects up in the air.

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Image courtesy of "The RiotACT"

Award-winning builder Project Coordination collapses, owing $20 ... (The RiotACT)

The crisis devastating the construction industry has claimed a 50-year-old award-winning, Canberra-based company that was responsible for some of the…

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Image courtesy of "Canberra CityNews"

Builder crashes: 'Never thought we'd be one of them' | Canberra ... (Canberra CityNews)

Award-winning, 50-year-old Canberra construction and management company Project Coordination is in voluntary administration.

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Image courtesy of "The Canberra Times"

Canberra builder Project Coordination enters voluntary administration (The Canberra Times)

Family-run Canberra building firm Project Coordination has entered voluntary administration after nearly 50 years of operation in the ACT and NSW.

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Image courtesy of "Daily Mail"

Project Coordination: Building company collapses under $20million ... (Daily Mail)

Project Coordination's Directors informed staff at their Canberra and Wollongong offices that they had appointed RSM Australia Partners as administrators on ...

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Image courtesy of "Courier Mail"

ACT building company collapses owing more than $20m (Courier Mail)

Administrators have been appointed to Canberra-based construction firm Project Coordination (Australia) with creditors owed in excess of $20m.

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