Conflict of interest

Mr Strata · 2012-04-25T14:42:06+10:00

Stratacom, Having a connection with a builder could seriously benefit the OC and may see some competitive pricing and a higher standard of work being completed, but it is important that in engaging this contractor it is done transparently, having a comparative quote at hand, comparing apples with apples, and their engagement being done completely above board. Mr S

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25/04/2012 at 1:19 am #8101
stratcom
A friend, who lives in a strata, knows that a member of their executive committee has a business relationship with a builder outside of the strata. This builder is quoting on maintenance works for their strata. Is there a conflict of interest here?
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25/04/2012 at 2:42 pm #15413
Mr Strata
Stratacom,
Having a connection with a builder could seriously benefit the OC and may see some competitive pricing and a higher standard of work being completed, but it is important that in engaging this contractor it is done transparently, having a comparative quote at hand, comparing apples with apples, and their engagement being done completely above board.

Mr S
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