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By Simon Toplass 2026-01-08T07:00:00
In a time of uncertainty and reduced market confidence, frameworks can keep the industry moving forwards with the right level of fair and transparent competition – with added safeguards, legislative guidance, and core benefits that feed economies of scale, writes Simon Toplass.
The construction industry is no stranger to uncertainty, but the level of uncertainty we have been observing in recent weeks across the sector is probably the highest since the early days of the pandemic. A combination of tightening finances, continued insolvencies and a persistent skills shortage has created an environment where risk appetite is lower than ever.
Given the long run-up to the late autumn Budget and the new procurement regime still bedding in, contractors and consultants have been operating cautiously. This level of prudence is understandable and sensible for many, but the sector needs to remain alive to how it is reshaping competition across the market.
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