Builders’ tender prices drop 17%

BUILDERS cut staffing levels again in February as figures show construction tender prices fell by 17.2% over the last 12 months.

This is the 34th month in a row that workers in the sector were laid off according to the latest Ulster Bank Construction Purchasing Managers’ Index.

The Society of Chartered Surveyors (SCS) will this morning release data that shows construction tender prices fell by 17.2% over the last 12 months.