BOOK A DEMO
SAVE 25%* OFF DEVELOPER FEES

T&Cs apply. Book a demo by 30th June 2024.

YOU CAN’T STOP YOUR BUILDER FROM GOING UNDER
YOU CAN PROTECT YOUR PROJECT IN CASE THEY DO

You wouldn’t dream of starting a project without insurance against property damage, bad weather or theft, but most developers remain unprotected against one of the biggest risks they face: builder insolvency.

 

PRACTICAL OUTCOMES OF IPEX IMPLEMENTATION THAT REDUCE DEVELOPER AND LENDER RISK

 

  • ‘Test’ builder due diligence: builders in financial trouble won’t bid on an IPEX project – they can’t access the funds to cash flow other projects
  • Ongoing protection after ‘point-in-time’ DD check: protect funds against any change in your builders’ financial position during your project
  • Validate builder ‘stat decs’: verify who has been paid, when & how much*
  • Gives teeth to ‘step in’ rights:  identify a ‘payment default’ event early enough to act before a builder enters administration
  • Protect funds already paid to builder in the event of insolvency: ensure any administrator is subject to rules of the trust, including the funds distribution method
  • No change to builder processes & everyone (including the builder) receives their full entitlements.
Book a Demo & Save 25%*

WHAT IS IPEX?

IPEX is an online payment platform that secures funds intended for a project, protecting developers, subcontractors & suppliers in the event of builder insolvency.

IPEX software integrates with a dedicated construction project bank account to ensure that progress payments are used only to pay approved subcontractors and suppliers linked to that specific project. IPEX provides developers with visibility over who has been paid and when, without sharing a builders’ commercially sensitive information.

Whilst IPEX protects developer & subcontractor payments, it also helps financially secure builders to validate their money management practices, differentiating their bid from competitors in the process.

Introducing IPEX

Introducing IPEX

BOOK A DEMO & SAVE 25%
*OFFER Terms & Conditions: The first 10 developers to register their business for the free IPEX demonstration via the Build Australia link will be eligible to receive 25% off the IPEX project fees on their first IPEX project. IPEX project fees calculated based on build contract value. Discount capped at $2,500 AUD. IPEX contract must be signed by May 31, 2025.