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General Business
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Failed civil contractor owes creditors $19m

The companies behind RMS Contracting were placed into receivership in November after a downturn in work was compounded by the acquisition of machinery on finance.

RMS Contracting worked on the Pūhoi to Warkworth motorway.

The companies behind civil construction firm RMS Contracting owe creditors more than $19 million combined, the first receivers report shows.

RMS Contracting (Wellington) Ltd, TW Civil Ltd, and TW Group Holdings Ltd were placed into receivership by BNZ Bank on November 18 under the terms of a General

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Nicholas Pointon Tue, 21 Jan 2025
Contact the Writer: nicholas@nbr.co.nz
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Failed civil contractor owes creditors $19m
General Business,
107461
true