Home›Questions on Notice›QoN 226

❓ Hon Kate Doust questions the Minister for Finance regarding the adequacy of financial viability assessments for companies undertaking state-run construction projects, based on findings from the Small Business Commissioner's report. The Minister responds by stating the government supports and will implement all recommendations of the report.

AnsweredQoN 226Legislative Council

Asked

8 August 2013

Member

Hon Kate Doust

Portfolio

Finance

QuestionView source ↗

I refer the Minister to the Small Business Commissioner’s report into the Construction Subcontractor Investigation, page 30, Prequalification Findings, which states that “consideration of financial matters appears to be limited. Financial material supplied by the builders is generally taken at face value,” and I ask: (a) does the Minister think this is an appropriate way in determining the financial viability of companies undertaking State run projects; and (b) what changes is the Minister making to the current Building Management and Works processes and procedures to ensure due diligence is taken on future projects?

AnswerView source ↗

Answered

19 September 2013

Responded by

Leader of the House representing the Minister for Finance

Response time

42 days

(a)-(b) Government supports all of the recommendations of the Report and they will be implemented. Planning for the implementation of the longer term recommendations is well progressed and will be completed shortly.

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