London’s largest building contractors are turning down one in every two bidding opportunities, becoming more selective about which projects they are prepared to bid for, and pursing strategies focused on providing value beyond price. Order books are strong for 2022, but last year’s jump in inflation caught contractors off guard, according to our 2022 London Contractors’ Survey.
Cutting carbon output will be a key focus in 2022, with contractors recognising the need to play their part in decarbonising the sector. With strong order books, contractors can afford to be choosy about the clients they work with, building long-term relationships with trusted clients and seeking out those with values and sustainability targets that align with their own.
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