Below-cost construction tenders on the rise

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.

Below-cost construction tenders on the rise

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.

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

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