Low tender trap
Low tender trap
- 1992
- Building 257(7729) 24 January 1992, 10(1) .
Construction leaders are warning that once the economy recovers, the number of contractors going into receivership could soar and that firms submitting low tenders for large fixed-price contracts are particularly vulnerable.
CONSTRUCTION COMPANIES
FIXED PRICE CONTRACTS
INSOLVENCIES
RECESSION
Construction leaders are warning that once the economy recovers, the number of contractors going into receivership could soar and that firms submitting low tenders for large fixed-price contracts are particularly vulnerable.
CONSTRUCTION COMPANIES
FIXED PRICE CONTRACTS
INSOLVENCIES
RECESSION