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Keep up to dateBy Dave Rogers2021-05-18T05:00:00
Source: Shutterstock
Firm says tender price hikes will be greatest in infrastructure
Arcadis has said clients in two minds about when to start schemes need to get on and begin jobs now because tender prices will go up as construction continues its recovery from the covid-19 pandemic with a shortage of materials pushing costs further north.
The firm’s latest quarterly analysis of the UK construction market said tender prices in infrastructure will rise 3% this year and 5% next as concerns over the availability of materials jack up costs.
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