Mace adds to warnings of tender price growth thanks to surge in material prices

By Jordan Marshall2021-09-29T07:45:00

Projections echo Turner & Townsend’s predictions of cost inflation this week

Mace has become the latest firm to raise its tender price forecast because of continued material price increases.

This week Turner & Townsend revealed significant revisions to previous forecasts. The business warned UK construction to prepare for tender price inflation remaining high in the short to medium-term.

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