Tender prices set to keep on rising, Alinea predicts

city 2

Consultant says firms being hit rising costs and doubts about upcoming work

Alinea says tender price inflation in London and the South-east will increase this year and next fuelled by a softening commercial market and increased labour and materials costs.

The consultant, which is working on the City’s tallest tower scheme, the 62-storey 22 Bishopsgate building being built by Multiplex, said that the rise will be 1.5% this year, jumping to 2% in 2019.

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