Fixed price in spotlight as inflation prompts more firms into rethink

By Daniel Gayne and Dave Rogers2022-05-04T06:49:00

Source: Shutterstock

Firms telling clients inflation means costs cannot be nailed down

More contractors are understood to be turning their backs on fixed price projects, telling clients it is impossible to stick to agreed sums because of constantly escalating inflation.

In March, the chief executive of Osborne told Building the firm had stopped looking at fixed price jobs.

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