ANOTHER West Australian building company has suspended trading and operations due to financial viability problems a fortnight after one of the state’s biggest builders, Cooper & Oxley, went into administration.
BCL Group has issued a notice to its suppliers, creditors and subcontractors it has suspended trading while it undertakes a review of its financial position.
The builder specialises in civil landscape projects and has been awarded tenders on numerous state and local government projects, including the West Coast Eagles Lathlain Precinct Oval and earthworks at Elizabeth Quay.
The builder is the third for the year after Cooper & Oxley went into administration a fortnight ago.
News also broke yesterday that a Mandurah-based company, Colista Homes, had gone into administration.