Mace warns clients to avoid lowball bids

Mace Consult is warning clients to avoid cut-price bids from contractors as material price rises continue easing.
The firm’s latest UK Market View report warns developers to steer clear of contractors dropping prices heavily to win work as company failures continue to hit supply chains.
Andy Beard, Global Head of Cost and Commercial Management, Mace, said: “Over the past quarter, material prices have continued to drop and there are now signs that labour costs are starting to fall. Wh