- Project Remediate is designed to deal with combustible cladding issues
- Hansen Yuncken will coordinate the delivery of the program
- Expected to be completed by end of 2023
The cladding remediation initiative by the New South Wales government aims to remove high-risk combustible cladding material from residential apartment buildings.
Called Project Remediate, the initiative will provide interest-free 10-year loans to owners corporations to remove high-risk cladding quickly and safely.
To be eligible for the loans the building must be a Class 2 and have been confirmed by the Cladding Taskforce as having a high-risk combustible cladding façade.
This follows a ban for types of cladding that is now in effect in Victoria.
In mid-June, the Minister for Better Regulation and Innovation, Kevin Anderson, announced that 50 strata communities had registered for the program, however, 214 buildings are deemed eligible for the program.
Minister Anderson has now announced that Hansen Yuncken will oversee the delivery of Project Remediate, providing expertise and assurance to Owners Corporations as they go through the remediation process.
“The Managing Contractor is fully funded as part of the $139m investment by the NSW Government to provide complete program management for each affected building,” said Minister Anderson.
“Flammable cladding remediation isn’t a simple process, and Hansen Yuncken will do the hard work on every owner’s behalf to ensure only safe, compliant design solutions are applied to every building.”
The Minister added that the program will also see owners get an insurable, durable and long-lasting solution for their building and benefit from the economies of scale a managing contractor can deliver.
Project Remediate is expected to be completed by the end of 2023, with the first cladding to be removed by the end of this year.