Tender cancellations are negatively impacting service delivery, market confidence, and financial stability in the construction sector.
1 report, 1 independent
Updated Jun 23
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What happened
Tender cancellations are negatively impacting service delivery, market confidence, and financial stability in the construction sector.
How it developed
Newest first. Tap a step to see who reported it.- Sector confidence shows significant improvement, driven by easing oil prices and declining inflation expectations.Sub-event
- A contractor safety program is being phased out, which was found to impose unfair costs and barriers on small and medium-sized enterprises.Sub-event
ISA reported tender statistics showing cancellations are causing professionals to leave and harming market confidence.1 source