Caught by an insolvency? Want to continue works?
Arrow co-founder Bob Foster says founders are working to 'minimise fallout'
We’ve had a number of clients approach us in the wake of yet another construction industry insolvency. Most have been approached by developers to enable them to continue their subcontract works. Word of caution here if you’re in that same boat make sure you’re protected and the developer is liable to you for the insolvent contractor’s obligations (including past payments). We have a cost effective solution for you if you’re caught up in this situation – feel free to get in touch.
Painter Gary Fyfe is anxious about the $100,000 he is owed for work at Arrow's Rebel Sports building in Langdons Rd, Christchurch