Another building company with ACT connections has fallen to the conditions plaguing the industry.
Rork Projects – Australia’s leading Indigenous construction company specialising in construction management, fit out and refurbishment – has called in administrators, citing a “tsunami of impossible economic conditions”.
Its three companies, registered in the ACT but with offices in brisbane as well, were placed into voluntary administration on 1 March.
Rork Projects was founded in Canberra as Rork Designs in 1997 and expanded and diversified to operate across NSW, Victoria, Queensland and the ACT.
All up, 63 active projects are affected, 14 of them reportedly in the ACT.
Director Brian O’Rourke posted on the company website it was “with a heavy heart” that after 26 years of operations, Rork Projects was forced to go into voluntary administration.
“This was the final step in a long journey to find a solution for our staff, clients and subcontractors, and we acknowledge the devastating impact this outcome has on them,” he said.
Mr O’Rourke said more…