In Australia, utility and construction companies play a critical role in maintaining the country’s infrastructure. These companies often face significant challenges when completing temporary works on highways, state roads, and busy street networks, as limited resources, tight budgets, and increasing compliance demands complicate project execution.
A key challenge in Australia is the cost associated with rework, compliance investigations, and project delays. Operational leaders for Australian utility and construction companies often lack real-time visibility into project progress, which results in inefficiencies and rework.
The Construction Industry Institute (CII) reports that rework can make up to 9% of project costs. It also causes an average of 18% of delays in projects. This is a heavy financial burden that can significantly impact their profitability.
Enter FYLD: Our AI-powered platform offers a smart solution for Australian companies involved in temporary work. With evidence of efficiency gains, cost reductions, and safety improvements, FYLD helps ensure that projects stay on track and within budget.
Australia has been tightening regulations around roadworks and infrastructure projects. Laws such as the Roads Act 1993 and the Local Government Act 2020 enforce stricter compliance, similar to the UK's performance-based Streetworks regime.
In Australia, non-compliance can lead to fines depending on the severity of the infraction. For example, safety breaches and compliance failures in other areas, like rail safety, can lead to penalties. These fines range from AUD $1,500 to AUD $10,000 for minor issues. More serious breaches can result in much higher fines.
These penalties, combined with increased scrutiny, can overwhelm companies with limited compliance teams and resources. For these businesses, the financial stability of their operations is highly dependent on avoiding fines and delays.
How FYLD helps:
Rework is one of the most significant challenges facing companies in the Australian infrastructure and construction sectors. Maintaining high-quality work is essential for securing contract renewals and preserving company reputation, as poor-quality work can lead to delays and added costs.
How FYLD helps:
FYLD is committed to helping Australian companies optimise temporary works delivery. Our AI-powered platform addresses unique challenges like dispute resolution and minimising rework.
Join us in transforming streetworks in Australia—reach out to FYLD today to learn how our innovative solutions can drive your business forward.