AB Development governs projects and partnerships through documented mandates, external professional appointments, and clear escalation paths for material decisions.
Decision framework
Material commitments—land contracts, joint venture terms, construction awards, trade finance instruments—require documented approval against feasibility or mandate criteria. Thresholds escalate with exposure: larger commitments require additional review of legal, tax and insurance implications. We maintain separation between origination (identifying opportunities) and approval (committing resources) to reduce unchecked enthusiasm bias.
External professionals
We retain planning consultants, architects, engineers, quantity surveyors, building surveyors, solicitors, accountants, customs brokers and insurers appropriate to each engagement. Appointments are made on merit and conflict checks, not informal reciprocity alone. Terms of engagement define deliverables, reliance, and limitation of liability.
Compliance
Workplace health and safety obligations apply on sites we control or influence. Modern slavery and anti-bribery expectations are communicated to suppliers. Privacy obligations are described in our Privacy Policy. Cookies are explained in our Cookie Policy.
Reporting and audit
Investors receive reports aligned to agreed templates—cash flow, variances, milestones, and risks. Development projects maintain cost reporting against budget and program against critical path. Trade files retain invoices, packing lists, certificates and correspondence necessary for post-shipment inquiry.
Whistleblowing and complaints
Concerns about conduct may be raised via Send Enquiry marked “Governance” or by post to our registered office. We investigate substantive complaints and document outcomes where appropriate.
Site safety and contractor management
On sites we influence, contractors must present SWMS, insurance certificates, and induction records before mobilisation. Incidents are reported and investigated with corrective actions tracked. We do not substitute for a principal contractor’s legal duties where another party holds that role.
Anti-bribery and modern slavery
Gifts above nominal value are declined in procurement contexts. Suppliers answer questionnaires about labour practices where mandated by law or partner policy. Red flags trigger escalation before payments continue.
Data handling
Project files store personal information only when necessary. Access is limited by role. Offboarding includes return or destruction of devices holding client data when contracts end.
Contract administration
We use standard Australian forms where appropriate (AS contracts family) with schedules tailored to project risk. Payment claims are assessed against contract and site evidence—not informal pressure.
Record retention
Project records are retained per legal and contractual requirements, then archived or destroyed securely. Clients may request file copies subject to confidentiality obligations to third parties.
Training
Personnel receive induction on WHS, privacy, and anti-bribery expectations appropriate to their role. Site-specific inductions are completed before site access is granted.
Delegated authority
Signing limits for contracts and payments are defined internally and communicated to finance and project staff. Matters above limits require second approval documented in writing or secure workflow systems.