West Australian subcontractors have been saddled with further debts totalling hundreds of thousands of dollars after major civil landscaping company BCL Group went into liquidation.
The Wangara-based company’s collapse comes as the latest blow to the construction sector, after Cooper and Oxley and Choice Living both went into administration in the past month.
BCL Group worked on major dollar projects including the West Coast Eagles’ new Lathlain headquarters, the Supreme Court Gardens upgrade and the $440 million Elizabeth Quay development, as well as other government and private projects.
The development came after it was announced last week BCL Group was suspending trading and conducting a review into its financial viability.
WA Subcontractors chairperson Louise Stewart said subcontractors would bear the brunt of the company’s financial woes.
“I would expect that it would be 30 [subcontractors] or more,” she said.
“We’re talking hundreds of thousands of dollars that those subcontractors are now looking likely not to be paid.”
perth‘s Elizabeth Quay development was among the projects BCL Group worked on. (720 ABC Perth: Emma Wynne)
Ms Stewart said she feared more companies could go under in the coming months, despite signs of life…