This was published 10 months ago
Updated ,first published
Construction giant Multiplex is seeking urgent government support to prop up subcontractors at the $836 million Sydney Fish Market development, following the collapse of the firm tasked with fabricating the building’s iconic wave roof.
Sharvain Facades, which engineered the rippling facade on the Chau Chak Wing Building at UTS and the web-like cladding on the award-winning AMP building at Circular Quay, went into voluntary administration in early March owing tens of millions of dollars, two weeks after the final panel on the 200-metre roof was installed.
Managing director Boris Kostura said the company’s situation was predominantly attributable to the two-year extension to the construction timeline at the Sydney Fish Market, during which time material and labour costs increased rapidly, and some almost doubled.
“The perimeters, program and prices have changed far…