This week’s poll: Have you noticed an increase in low bidding for construction work?
This week's poll: Have you notice an increase in low bidding for construction work?— Building News (@BuildingNews) February 8, 2019
With warns of trouble ahead and a tougher market, there are fears that, just to keep afloat, stressed contractors may turn to “suicide bidding”. This practice, where firms submit tenders at low or no margins in order to maintain activity levels, was endemic during the last recession. Have you noticed an increase in this practice?