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Peter C – Thanks for your views, which I shared until recently. Their quotes for specific contracts are regularly 10% cheaper than others obtained – however the rate charged for ongoing maintenance work and small jobs is significantly higher than previously.
I was interested to see that the Owners Corporation Network’s position on financial conflicts of interest is definite – people should neither nominate nor sit on a committee if they have a direct financial interest in any decisions. Abstaining from voting is immaterial as they would be privy to other quotes etc. The particular people involved have always had the last crack at quotations.
How do other Owners Corporations handle conflicts of interest issues?