Business

Sub-contractors worried after Armstrong Downes collapse

18:19 pm on 4 May 2022

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Sub-contractors working for the collapsed construction company Armstrong Downes Commercial are already out of pocket and worried about what lies ahead.

The Wellington firm has suffered substantial losses from fixed price contracts on two of its biggest projects.

Just one of its many sub-contractors says it's owed almost $200,000. Our reporter Kirsty Frame has more.