Tier 1 tender rises cool but specialist trades costs hold firm

Tender price inflation is losing steam as contractors sharpen bids to fill workloads, but bottlenecks in key trades are stopping clients reaping the full benefit.
Cost consultant Gardiner + Theobald has trimmed its 2026 tender price inflation forecast to 3.25% from 3.5% in its Autumn Market Update.
London’s forecast falls to 3.5% from 3.75%, with the South East, South West and East Anglia also seeing quarter-point cuts. Forecasts for the remaining regions are unchanged.G&T said the mar