21 Feb 2013

Long wait for some Mainzeal subcontractors

10:23 am on 21 February 2013

Subcontractors caught up in the Mainzeal receivership say it could be weeks before they know if they can head back to work.

Receiver PwC says it has spoken to a number of interested parties about taking over Mainzeal's construction sites.

Crane company Smith Cranes was subcontracted to Mainzeal to demolish the QEII stadium and Clarendon Towers in Christchurch and is owed about $1 million. The firm says it is in talks but cannot go into too much detail at this stage.

The company said could be up to a month before it gets any clear direction about future work on Mainzeal sites.

PwC hopes to be able to transfer projects back to clients or other contractors in a few weeks time.

Building and Construction Minister Maurice Williamson on Wednesday met industry representatives, including the Electrical Contractors Association, for discussions including on retention payments.