Mace offers gloomy forecast for 2018 tender prices

By Hamish Champ2018-05-17T06:00:00

Consultant’s latest survey says general trend for this year “is one of weakness”

The Beast from the East, the collapse of Carillion and a general malaise exacerbated by concerns over Brexit have all conspired to pile the pressure on suppliers, according to Mace.

In its first quarter UK Tender Cost Update, the firm said that while the weather in the early part of 2018 had had a clear impact on growth it was “not possible to split the lack of activity due to snow from the wider, underlying issues facing the industry”.

Mace said that while a rebound of some sorts was likely in the second quarter “the general trend for 2018 is one of weakness”.

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

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