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By Dave Rogers2020-09-18T05:00:00
Latest tender price report says supply chain under ‘pressure to secure work at any cost’
Mace has again warned cut-throat bidding is set to return in the wake of the covid-19 pandemic as nervous clients put projects on hold.
Last month, London QS Alinea said it was expecting tender prices to fall 2% this year because of the virus and added: “For smaller projects where there is heightened competition and single stage tendering can be deployed, there is some aggressive pricing with ‘rogue’ tender submissions looking to tactically catch the attention at the point of tender receipt.”
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