Newcastle City Council has stated that it will "consider its options" regarding significant construction projects that have been put on hold as a result of the demise of Tolent.
More than 300 jobs were lost when the Gateshead-based company entered administration earlier this month.
Its projects in Newcastle included new housing in West Denton as well as the renovation of Central Station and the neighboring Pattern Shop.
The council promised to "make every effort to minimize disruption.".
With offices in Shotton Colliery, County Durham, Stockton, and Leeds, Tolent is based in Team Valley and has worked on a number of projects, including the £85.5 million Milburngate in Durham, which administrators have dubbed "significantly loss-making.".
Two new entrances and the construction of a new concourse are planned for Newcastle's Central Station's upcoming phase, and the Pattern Shop, which was formerly a part of Robert Stephenson's steam locomotive works, will be converted into offices.
According to a council spokesperson who spoke to the Local Democracy Reporting Scheme, "Tolent is a respected, long-standing local construction company that, since its founding in the 1980s, has offered employment opportunities for people in the region.
"We are deeply saddened to learn that it has entered administration and recognize that the employees who have lost their jobs will find this a very worrying time.
We are collaborating closely with Tolent's administrators as a client with a number of contracts to find a course of action that is in the best interests of the city. The council will weigh its options and make every effort to limit any disruption. ".
This week, it was revealed that Sunderland-based Brims Construction would take over Tolent's Teesside operations in an effort to save about half of the company's lost jobs, and that RE:GEN Group would hire 33 Tolent employees who had been laid off.
