The NSW Government has given embattled contractor Reed Constructions 10 days to prove it can finish road projects, including the Great Western Highway.
The government yesterday (Thursday) warned it could be forced to make "alternate arrangements" to complete the projects contracted to Reed following the company's February announcement that it was experiencing financial difficulties.
An expert panel has been established by the government to examine Reed's financial situation, which is expected to give its verdict as to liability by May 21.
"The NSW Government's priority is to see the completion of the Blue Mountains, Central Coast, Alfords Point and Shortland to Sandgate road projects, contracted to Reed Construction," Finance Minister Greg Pearce said in a statement.
"Before recommencing any outstanding road work for the NSW Government, Reed must convince the government and Reed's own suppliers and sub-contractors that it can complete these vital roads.
"If Reed does not, the NSW Government will take steps to complete the projects."
Reed Constructions was contracted to complete 3.2 kilometres of highway widening work between Woodford and Hazelbrook, however work halted at the site following the company's announcement.
For the full story, see next week's Blue Mountains Gazette.