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Keep up to dateBy Daniel Gayne2023-03-01T13:14:00
Tender prices softening as economy slows
Contractors are beginning to change their procurement activities in response to the slowing economy, according to Rider Levett Bucknall’s latest UK tender price forecast.
The consultant said that while only six months ago firms were “quite bullish” in their preference for two stage tendering, “the tide appears to be turning” in their willingness to entertain single stage procurement.
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