US EditionConstruction Tender Prices To Rise 5% As Capacity Tightens
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3 Articles
Cost of construction tenders set to rise
Construction tender prices are set to climb by up to 5.0 per in 2026, threatening costs for key UK programmes and challenging project viability, according to new data from global professional services company Turner & Townsend. In its Winter 2025 UK Market Intelligence report (UKMI), the business forecasts a rate of tender price inflation (TPI) of 3.5 per cent per year across real estate and 5.0 per cent for infrastructure through 2026 and 2027.…
Sustained cost escalation 'putting pressure on viability of new projects'
Shutterstock CONSTRUCTION tender prices are set to rise by up to 5% this year, threatening costs for key programmes and challenging project viability, according to new data from Turner & Townsend. In its Winter 2025 UK Market Intelligence report (UKMI), the business forecasts a rate of tender price inflation (TPI) of 3.5% per year across real estate and 5% for infrastructure through 2026 and 2027. Turner & Townsend said UK construction output r…
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