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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.