12 April 2016

Statement from Cr Penny Webster, Chair of the Finance and Performance Committee

In relation to a comment at today’s Finance and Performance Committee meeting referring to a case study on the Fletcher website, the chair has issued this statement.

Fletcher’s website carries a case study of work it carried out at 135 Albert Street and refers to a $44m cost associated with work done.

As reported to the 25 February 2016 Finance and Performance Committee meeting, following acquisition of the building $25m was spent on the physical fit out. An additional $28m was spent on upgrades to building services, plant, lighting and water system to obtain sustainable efficiencies.

Fletcher’s was the Head Contractor and involved in these fit out and additional works, its contract amounted to a portion of this $53m budget.

In addition, it was queried whether cladding remediation work had been done previously by Fletcher as its website refers to ‘remediating the stone façade’. This relates to some work done on the upper levels involving investigation and minor maintenance only.

ENDS