2020 tender cost forecast remains unchanged for UK construction

Tender cost forecast for the UK construction industry has held steady for the third quarter of 2019, with predicted tender price growth of 1.5% for 2020, according to Mace.

Reviewing the latest tender cost forecast, Mace’s cost consultancy team have flagged that Brexit undertainty and global issues like the US-China trade war are likely to drive challenging industry behaviours and hold the potential to put further pressure on tender prices.  

Read the full article on PBC Today.