De-risk your projects
Protection for government construction projects
IPEX
Protecting government construction investments through payment security technology
De-risk your government construction programs with IPEX's comprehensive payment protection platform. Our technology-enabled solution delivers enhanced transparency, risk mitigation, and regulatory compliance whilst reducing administrative burden on government agencies.
Project protection
Key benefits for government
Taxpayer value protection
Ring-fence government funds from any future, unanticipated contractor financial difficulties
Due diligence enhancement
Avoid engaging contractors whose financial position may have deteriorated since completion of the prequalification process
Program delivery assurance
Monthly payment validation preventing project delays linked to non-payment of subcontractors
Risk mitigation
Payment oversight caps risk & enables proactive intervention when payment issues emerge
Regulatory compliance
Automated audit trails supporting government oversight requirements with Murray Report-aligned trust account framework
Who we work with
Why choose IPEX for government construction
IPEX aligns with Victoria's Building Statement preference for private sector solutions that reduce regulatory burden whilst maintaining consumer protection. Our platform delivers real-time payment monitoring supporting industry-led compliance without requiring additional government resources.
With construction representing 27% of all business failures nationally, an unprecedented share for a single industry, IPEX provides essential infrastructure for sector sustainability. Funds are held securely by Macquarie Bank in dedicated trust accounts, ensuring complete separation from contractor operations and alignment with Murray Report recommendations for enhanced payment security.
Our solution operates seamlessly across fixed price, cost plus and construction management contracts, requiring no disclosure of subcontract values or contractor margins whilst delivering comprehensive payment transparency.
Recent case example
Transport for NSW
Transport for NSW subcontractors on the Yennora Depot project were left $1M out of pocket when Rork Projects entered administration. This is exactly the scenario IPEX prevents through proactive payment validation and fund ring-fencing.
