Builders `forced to bid 10% below cost`

Builders `forced to bid 10% below cost` - 1993 - Financial Times 9 February 1993, 6(1) Building 258(7781) 12 February 1993, 8(2) .

According to Gardiner & Theobald, construction companies in order to win new orders are bidding 10% below costs. Warns of the consequences for customers.


BIDDING
BUILT ENVIRONMENT-BUILDING MATERIALS
COSTS
FIXED PRICE CONTRACTS
TENDER PRICES