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Rising tender prices risk squeezing specialist supply chains, warns think timber
Summary by specificationonline.co.uk
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1 Articles
Rising tender prices risk squeezing specialist supply chains, warns think timber
Think Timber warns that rising construction tender prices risk placing further strain on specialist manufacturers – unless housebuilders engage earlier and adopt more realistic, clearly defined specifications. Recent market intelligence from Turner & Townsend forecasts tender price inflation of around 3.5% per year across real estate, and up to 5% in infrastructure through 2026 and 2027. While this reflects ongoing capacity and labour constraint…
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