Tender time bomb
Language: English Series: Building ; 157(7729) 24 January 1992, 22-23(2)Publication details: 1992Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS45690 (Browse shelf(Opens below)) | 1 | Available | 54541-1001 |
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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.