Construction tender costs stabilise, surveyors claim
Chairman of the Society of Chartered Surveyors of Ireland’s Quantity Surveying Professional Group, Andrew Nugent, said while tender prices appear to have stopped falling and may even start to increase slightly, there is still a severe shortage of work within all sectors of the construction industry and it is expected that pricing levels will remain very competitive for the foreseeable future.
“Falling tender prices have been used by successive government departments as a basis for cutting investment levels in public infrastructure projects.
