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 sub-contractors 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 & sub-contractor 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.