Stevens Construction (NSW) Pty Limited trading as Stevens Construction - Voluntary Administration

Stevens Construction (NSW) Pty Limited trading as Stevens Construction, a New South Wales construction company based on the Central Coast, entered voluntary administration on 27 May.

The company was founded in 2006 and has worked on projects worth over $400 million, including commercial and retail buildings and residential apartment blocks.

The company cited significant challenges facing the construction industry since the onset of the COVID-19 pandemic, including unprecedented disruptions leading to skyrocketing building costs, reduced productivity, and critical shortages of materials and skilled labour.

Jonathon Keenan, Andrew Cummins and Peter Krejci of BRI Ferrier were appointed administrators.

Work on all ten active projects has been suspended, but staff have not been stood down.