Call to avoid ‘race to the bottom’ as downturn strikes

Clients and contractors should learn lessons from the global financial crash of 2008-2012 to avoid ushering in another ‘race to the bottom’ of overly competitive bidding as a new economic downturn takes hold, according to Arcadis.

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Subscribers to the printed magazine get access to the entire Construction law website.