Construction News Read UK Construction Industry News, Analysis, Opinion and data Sharing the load: are fixed-price contracts a thing of the past?
Digital Edition: Sharing the load: are fixed-price contracts a thing of the past?
With many subcontractors bitterly regretting the fixed-price contracts they signed before inflation spiralled, James Wilmore asks whether fluctuation clauses and advance payments will become the norm “Collaborative risk-sharing will be key to preserving industry resilience and capacity moving forward.” These were the words of the…
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