The construction press and industry are warning of increased material prices and lead in times which will inevitably effect tender prices and programming. Add to that higher insurance premiums due to the hardened insurance market and labour shortages all of which will inevitably increase construction costs. Maybe a return to the use of fluctuation clauses?
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Material prices to remain high ‘for a year’ 19 APR 2021 BY IAN WEINFASS Inflation in raw materials will continue to push up prices for the rest of 2021, according to a new survey from the Construction Products Association (CPA).
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