There are currently more than 700 operational PFI contracts in place in the UK, with a capital value of £57 billion. Over the next 10 years, over 200 PFIs will expire. The NAO’s recent report on ‘Managing PFI assets and services as contracts end’, the Scottish Futures...
There are widespread reports of contractors returning to ‘survival bidding’ where bids for projects are submitted at or below cost. While cheaper prices are something that most consumers want – a below-cost bid for a construction contract can have...
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