inflation
Builders ‘downing tools’ on major road projects as construction prices soar
Industry representative warns backlog is growing as schemes are deferred, and says prices must be adjusted to ensure delivery
Contractors have begun deferring or abandoning major road projects, an industry body has warned.
The move could threaten the delivery of key infrastructure works across the country, as construction prices continue to soar.
In a stark warning issued to the Department of Transport, road builders said they were “unable, unwilling” or “uncertain” about proceeding with schemes which have already been tendered for by the state due to rapidly rising production prices.
The warning was sent ...
