Low-priced deals fail

A NUMBER of state construction projects have collapsed because they were awarded to contractors who claimed they could do the job at an unrealistically low price, it has been claimed.

Low-priced deals fail
Mon, 22 Aug, 2011 - 01:00
Colm Kelpie

The Society of Chartered Surveyors Ireland found half of all tenders for construction projects are coming in below cost.

John Curtin, president of the Society of Chartered Surveyors, warned accepting below-cost tenders may not provide adequate quality and expertise.

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