Contractors crying out for secure work pipeline, T&T tells clients

Coronavirus - social distancing - Bellway (3)

Firm’s latest report expects tender price deflation to continue for the rest of the year

Turner & Townsend has told clients to bring projects to market faster to reassure contractors worried about pipelines drying up amid the ongoing covid-19 crisis.

The consultant said announcing projects earlier would improve confidence and market resilience in the construction sector as the industry heads into what the firm predicts will be a prolonged period of tender price deflation.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community