Stockpiling sends tender prices surging, RLB report finds

london

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Consultant says ongoing effects of covid and Brexit ramping up cost pressures on contractors

Material shortages and record levels of vacancies are putting increasing cost pressure on contractors, according to RLB’s end of year tender price forecast.

Despite an easing of raw materials costs in recent months, the firm said that concerns remain as to availability of manufactured goods imported from the EU because of the combined effects of covid and Brexit.

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