Wednesday, 17 February 2010

Penrith. Subcontractors owed money

Building subcontractors in the Penrith region are owed hundreds of thousands of dollars, over the collapse of a building contract, at McCarthy Catholic College, in Emu Plains, according to a report in the Penrith City Star The Parramatta Catholic diocese had contracted Austruc Constructions, at Pyrmont, to complete renovations but the company went into voluntary administration in January. Parramatta Catholic Education's financial director, Bernard Ryall, said the diocese felt for subcontractors but had not unconditionally guaranteed payments.



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