Bega Valley Shire Council was notified on Friday morning (31 March) that Lloyd Group had entered voluntary administration.
Council's Director Community, Environment and Planning, Emily Harrison said work on SECCA, the South East Centre for Contemporary Art, has now paused while the administrator reviews the project and determines next steps.
"While the gallery is nearing completion, unfortunately this news means our community opening event, which was planned for 29 April, will be delayed," Ms Harrison said.
"Once we receive a full briefing from the administrator and we know the impact on the completion of the build, we'll be able to set a new date for the opening and update the community.
"Fortunately, no other Bega Valley Shire Council projects are affected."
