Is Your Project in Crisis?
Development and construction projects rarely fail suddenly. Warning signs emerge weeks or months before formal acknowledgment. An estimated 35-50% of projects face significant distress whilst up to 90% experience some form of difficulty. This manifests itself in over 2,636 construction company insolvencies between April 2024 and March 2025, and 3,000-5,000 distressed projects annually in Sydney and NSW alone. Early intervention has become critical to project survival.
Confidential 24-hour response | 40+ years project management & engineering expertise
Is Your Project in Distress? Critical Warning Signs
Early identification enables more effective intervention and improved recovery outcomes. Projects experiencing these indicators require immediate professional assessment.
FINANCIAL INDICATORS
SCHEDULE INDICATORS
MANAGEMENT INDICATORS
TECHNICAL INDICATORS
CONTRACTUAL INDICATORS
Experiencing any of these indicators? Your project requires immediate assessment. Contact us for confidential consultation.
Request AssessmentAn Industry-Wide Crisis
Australia's construction industry is experiencing an unprecedented crisis. Between April 2024 and March 2025, over 2,636 construction companies became insolvent - a 23% year-on-year increase representing the highest concentration ever recorded. Thousands of projects have been left distressed, delayed, or abandoned.
The Hidden Scale
Insolvencies are only the visible failures. For every company that fails, 3-5 additional projects experience critical distress through severe schedule delays, cost overruns, contractor disputes, cash flow crises, and technical failures—long before insolvency occurs.
This creates an estimated 8,000-12,000 distressed projects annually across Australia, with 3,000-5,000 in Sydney and NSW alone including projects across all scales: from commercial and infrastructure developments to medium-density apartments, townhouses, and residential subdivisions.
Key Contributing Factors
Cost Escalation
Fixed-price contracts meeting material cost increases of 31-40%
Skills Gap
Inexperienced teams managing complex projects
Labor Shortages
Critical labor shortages across all trades
Cash Flow Crisis
Cash flow constraints cascading through supply chains
Supply Chain
Subcontractor instability creating domino effects
Our Proven Recovery Methodology
Drawing on 40+ years of project management, expert witness, and engineering experience, we employ a structured approach that addresses root causes, stabilizes operations, and delivers project completion.
Rapid Assessment
5-10 Days
We Evaluate:
- Technical: Engineering review, building services assessment, compliance analysis
- Schedule: Critical path analysis, delay cause identification, realistic completion forecasting
- Commercial: Contract analysis, cost-to-complete evaluation, cash flow projections, review of all insurances in place
- Organizational: Team capability assessment, stakeholder relationship analysis
- Risk: Comprehensive risk identification and contractual liability assessment
Stabilization & Recovery Planning
10-15 Days
Immediate Actions:
- Enhanced project controls and reporting
- Cash flow stabilization measures
- Critical relationship management
- Risk mitigation for immediate threats
Recovery Plan Includes:
- Revised scope, schedule, and budget-to-complete
- Resource allocation and acceleration strategies
- Enhanced quality control measures
- Team structure assessment and recommendations
- Dispute resolution strategy
- Stakeholder alignment and commercial negotiation
Execution & Completion
Variable Duration
Our Management:
- Weekly progress monitoring against recovery milestones
- Rigorous cost tracking and contractor oversight
- Technical problem-solving and design coordination
- Quality assurance and defect management
- Commercial administration and variation management
- Stakeholder reporting and communication
Specialized Expertise for Complex Recovery
Engineering Foundation
Unlike project managers without technical backgrounds, our 40+ years of engineering expertise enables us to diagnose root causes of technical failures, assess building services integration issues, and provide authoritative technical direction when standard solutions prove inadequate.
Expert Witness Experience
Over 15 years providing expert witness services to legal firms and insurance companies provides forensic analytical skills, evidence-based methodology, and dispute management perspective invaluable in distressed projects where disputes often contribute to project dysfunction.
Proven Project Delivery
Successfully delivered multi-stage industrial expansions, multi-campus educational facilities, comprehensive maintenance programs, and medium-density developments—demonstrating capability to manage complex projects and coordinate multidisciplinary teams under challenging conditions.
Local Expertise
Established Sydney and NSW presence provides deep understanding of local planning and building regulatory frameworks, relationships with certifiers and councils, and knowledge of local contractor capabilities and market conditions.
Independent & Objective
As an independent firm with no contractor relationships or commercial conflicts, we provide unbiased analysis and recommendations focused on best outcomes for our clients.
Rapid Response
All initial consultations within 24 hours, ensuring assessments commence straight away, with principal-level attention on all engagements.
Client Types & Applications
1. Project Owners & Developers
Facing severe delays, cost overruns, or contractor performance issues requiring independent assessment, commercial negotiation support, and enhanced oversight to completion.
2. Legal Firms & Insurers
Requiring technically credible, forensically rigorous analysis for dispute proceedings, expert witness services, and strategic advice on technical aspects of commercial positions.
3. Lenders & Financiers
Needing independent project viability assessment, cost-to-complete analysis, and ongoing monitoring to protect financial interests.
4. Contractors
Recognizing need for external expertise to develop recovery strategies, manage stakeholder relationships, and navigate towards successful completion.
Confidential Professional Intervention
All consultations and engagements conducted under strict confidentiality. We understand the commercial and legal sensitivities inherent in distressed project situations and maintain appropriate discretion and professional judgment throughout.
Recovery Results
Anonymized Examples
Large Industrial Redevelopment | Southern Sydney
Residential Development - Prominent Builder 1
Residential Development - Prominent Builder 2
Academic Facility Development 1 | Northern NSW
Academic Facility Development 2 | Western NSW
Residential Developments - Prominent Sydney Builders
Commercial Project - Building Owner Occupier | Sydney
Large Hospital - Prominent Equipment Supplier
Early Intervention Improves Outcomes
The earlier distressed projects receive professional intervention, the more options exist for effective recovery and the greater the potential to limit financial exposure.
Initial Consultation Process
Confidential Discussion
30-60 min: Understand your situation. No charge.
Engagement Proposal
Detailed scope, timeline, and fees if we can add value.
Rapid Mobilization
Work commences within 2-3 business days.
Luke Adamus, Managing Director
Mobile: 0415 820 702
Email: luke@adamus.com.au
Adamus Associates Pty Ltd
PO Box 270, Cremorne NSW 2090
ABN: 70 081 613 612