Tender time bomb

Stewart, A.

Tender time bomb - 1992 - Building 157(7729) 24 January 1992, 22-23(2) .

Warns of the dangers of entering long running construction contracts in this present time of low tender prices. When prosperity returns, companies bound by restrictive, low-priced contracts may find themselves in difficulties, a view supported by predictions of a rise in insolvencies during the coming 18 months.


BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONSTRUCTION INDUSTRY
FORECASTS
TENDER PRICES
TRADE CYCLES