Declining workload adding pressure to construction firms, says Arcadis

By Nora Redmond2024-06-10T06:00:00

Source: Shutterstock

Consultant predicts 5-6% tender price inflation from 2026 onwards

Arcadis has raised its tender price inflation forecast for the next three years due to a declining construction workload since June 2023.

Today, the consultant announced that resource constraints will slow recovery in the sector. Despite a fall in the value of new work, the bidding abilities of contractors are being confined by their pre-contract commitments to stalled construction projects.

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