When administrators from Deloitte walked into the West Perth offices of WBHO Infrastructure in February, they knew speed would be critical to rescuing the business.
A dispute with Mondium, a $202 million loss on a Melbourne road project, and an overrun at Stockyard Hill Windfarm helped sink WBHO Infrastructure, with unsecured creditors set to get $11.7 million.
Creditors of WBHO Infrastructure will decide next week if they accept a bid by SRG Global to buy the collapsed company, with administrators warning the alternative is liquidation.
Administrators have been given more time to sell Probuild and WBHO Infrastructure, while further details on creditors and the sale processes have emerged.
Subiaco-based SRG Global has announced plans to take over West Perth-based rival WBHO Infrastructure as part of a $15.2 million deal following the company's collapse late last month.
Multiplex heir Andrew Roberts' construction company Roberts Co is set to expand its operations after offering to take over most of the Victorian-based assets of its embattled rival Probuild.
Subcontractors caught in the collapse of WBHO are being advised to assess their insurance policies, while industry premiums could be set to rise amid ongoing insolvencies.
WBHO Infrastructure's parent company had pledged continued financial support until at least October 2022, after the subsidiary made a $35 million loss in the 2021 financial year.
Administrators were appointed to 18 WBHO Australia entities overnight, including West Perth-based WBHO Infrastructure, and Probuild, which could be expected to owe at least $250 million.
A joint venture between WBHO Infrastructure and NRW Holdings has been named the preferred proponent for $90 million of upgrades to the Mitchell Freeway.
Georgiou Group and NRW Contracting are among three consortia shortlisted to widen Mitchell Freeway for southbound road users, with the $76 million project jointly funded by the state and federal governments.
Three Perth-based contractors are members of two consortia shortlisted to build the $215 million extension of the Mitchell Freeway from Clarkson to Alkimos.
WBHO Infrastructure has been awarded a $43.3 million sub-contract from Perth-based engineering firm Mondium for works at Rio Tinto's Western Turner Syncline Phase 2 mine site.
Australian construction company Probuild has announced the appointment of Adam Barker as managing director for its Western Australian operations, while Sam Delmenico will move into a new role interstate.
PS Structures, Ertech and WBHO Infrastructure are among contractors that have won $53 million of work from the state government in recent weeks, while PwC has been selected for two major consulting reviews.
CBH Group has awarded six of the nine contracts for its $150 million Network Strategy Expansion project, including four to local contractors WCP Civil and Georgiou Group.
WBHO Infrastructure has secured two contracts worth a combined $50 million for upgrade works to Geraldton Airport and road maintenance work north-east of Perth.
CPB Contractors has added to its portfolio of Main Roads projects after being selected as preferred contractor for a $50 million upgrade of the Wanneroo Road and Joondalup Drive intersection.
Engineering and construction group Valmec and Geraldton-based WBHO Infrastructure have secured infrastructure contracts with Water Corporation at its facilities in Western Australia.
BMD Constructions has been awarded a $49.4 million state government contract to widen a section of the Mitchell Freeway, beating CPB Contractors and WBHO Infrastructure for the work.
WBHO Infrastructure has been awarded a $41 million contract to upgrade the Great Northern Highway between Maggie Creek and Wyndham in the Kimberley region.
Belmont-based Pindan has been awarded an $18 million state government building contract in Carnarvon, while Bunbury-based Perkins Builders has received an $8 million government contract.
Shortlisted contractors for the widening of the Mitchell Freeway have been announced, with BMD Constructions, CPB Contractors and WBHO Infrastructure in the race for the $40 million contract.
A joint venture between WBHO Infrastructure and SRG has won a $22.8 million contract to build new road infrastructure that will allow traffic to bypass the Margaret River town centre.
Renewable energy company WestGen has moved close to proceeding with WA's second new solar farm this year, after appointing key contractors for its $75 million Byford project.
The Western Australian arm of WHBO Group has won a contract to carry out upgrades across a large section of the Great Eastern Highway, in a project worth a total of $36 million.
The $54.1 million contract for the pedestrian bridge near Perth Stadium is a colourful highlight in an uncertain market. Click through to see more on our Infrastructure feature.
Five national businesses have been awarded contracts to continue the roll-out of the National Broadband Network, with project company nbn saying the new performance-based contracts are a marked departure from past practice.
First Solar has awarded contracts to Perth-based construction company WBHO Civil for structural and electrical work at Australia's largest solar energy plant, near Nyngan in New South Wales.
