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Major Projects & Construction 5 Minute Fix 79: procurement practices, security of payment, damages for defects - Knowledge


08 Jul 2021
BY THE MAJOR PROJECTS & CONSTRUCTION TEAM
Get your 5 Minute Fix of major projects and construction news. This issue: default procurement practices for NSW large, complex infrastructure projects; update on WA s overhaul of its security of payment laws; when a builder is in the business of building residences (or not) for Victoria s SOP legislation; SA Court of Appeal reduces damages for defects; latest development in enforcing ICSID s awards, and arbitral tribunal issues.
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Collaboration between NSW and Contractors sets new procurement standards
The NSW Premier s Memorandum issued on 24 June 2021 sets out the default procurement practices that NSW government agencies and State Owned Corporations are expected to apply to all large, complex infrastructure projects in the Framework for Establishing Effective Project Procurement from 1 July 2021. ....

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Apartments blocked by VCAT | Dandenong Star Journal


By Cam Lucadou-Wells
The state’s planning tribunal has ruled a “bulky” three-storey apartment block doesn’t suit the northern “edge” of central Dandenong.
The developer WCL Development Pty Ltd appealed to the Victorian Civil and Administrative Tribunal after Greater Dandenong Council rejected its plans on the vacant 804-square-metre block at 66 Herbert Street.
VCAT senior member Bill Sibonis ruled on 29 April that the proposal’s “robust” mass was inappropriate at the “edge of a substantial change area”.
“The development does not represent an acceptable neighbourhood character outcome.”
There was no dispute that increased density housing of up to four storeys was permitted in the Residential Growth Zone 2, Mr Sibonis stated. ....

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SP Setia announces leadership transition plans


SP Setia announces leadership transition plans
02 Feb 2021 / 23:45 H.
PETALING JAYA: SP Setia Bhd has revealed a leadership transition following the retirement of its president and CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai by the end of September this year.
According to its Bursa disclosure, Datuk Choong Kai Wai will succeed as the group’s president and CEO, while Datuk Koe Peng Kang will take up the role of deputy president and COO effective Oct 1.
It stated that the decision is in line with its leadership talent agenda to sustain its position in the property development market. ....

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