Work on five Auckland building sites was shut down today, as another building firm went under owing at least 50 subcontractors and suppliers $1 million.
Project Works Construction Ltd, which had offices in Newmarket's Khyber Pass Rd, went into voluntary liquidation today.
Liquidator Peter Jollands announced that work in Epsom, Parnell, Meadowbank, Waiheke and Whangaparoa had been stopped due to the collapse and about 50 subcontractors advised.
Project Works Construction carried out carpentry work on WestCity mall in Henderson. It was also building an administration block at the Purewa Cemetery and Crematorium in Meadowbank. Other sites where it was working were on apartments at 27 Alpers Ave in Epsom, on apartments at 437 Parnell Rd in Parnell, apartments at 183 Ocean View Rd on Waiheke Island and apartments at 39 Island View Rd, Whangaparoa.
The collapse follows the recent downfall of other Auckland builders - $28.5 million collapse of Hartner Construction and Hartner Group earlier this year, the $20 million collapse last year of Goodall ABL and a range of smaller firms going bust such as Tauran Construction (about $2.1 million owed), Campbell Construction ($1 million) and GFF, formerly Equinox Construction ($2.3 million).
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