GOVERNANCE

We firmly believe that one of our principal responsibilities to clients is to manage the risks associated with the design and construction process. Our risk management framework provides a uniform governance structure for the identification and management of risks from the Board to business unit level. To this end, our Board has ultimate responsibility for risk management and our Senior Management team support the Board in managing business risk.

RISK MANAGEMENT AND GOVERNANCE

As risks can appear at any stage of a project and evolve as a project moves forward, our risk management processes are in place from the award of mandate through to the completion of the project.
The purpose of our management teams involvement is to manage risks until they no longer exist and in cases where a particular risk cannot be eliminated, to minimise the potential negative impact it poses to the project.

Taking into consideration the breadth, complexity and length of a project, we determine whether a formal or informal disciplined process is required to ensure that a project is managed pro-actively rather than reactively. Responsibility for managing risk is further embedded at the highest levels of our organisation, with our reputation being dependent on effective management of risk issues.

We have developed a range of policies, processes, tools and initiatives to support our team in making balanced, informed and transparent risk decisions, and help improve the management of social and environmental risks and opportunities.

Policies

We ensure that as at the date of the proposal and throughout the provision of our services that we:

• have an established and approved OH&S Management system developed to comply with the Workplace Health and Safety Act and Regulations;
• have an established and approved environmental policy developed to reduce our environmental footprint; and
• can submit a safety plan and safe work method statement, satisfying the requirements and regulations prior to commencement of services. Despite not being mandatory we require our technical staff to undertake an approved White Card Training course. Our staff are instructed to provide their White Card while on site (if requested) and to observe all Occupational Health and Safety requirements of each respective site.

FUNDAMENTALS:

Insurances

Evidence (Certificates of Currency) of our Professional Indemnity and Public Liability insurances are contained in the Appendices. Details of Workers Compensation is available upon request.

The following categories apply:

• Professional Indemnity Insurance (minimum cover of $10m)
• Public Liability Insurance (minimum cover of $20m)
• Workers Compensation Insurance

Financial Statement

Our business operates via a Unit Trust which is solvent and has no debt.