Infrastructure price rises to exceed inflation, peaking in 2022
In the past five years, infrastructure tender prices have seen limited increases. This course will provide information on how prices are being pushed upwards as increased spending on infrastructure requiring more labour, plant and materials comes during a period of constrained resources. Unsustainably low contractor margins are also expected to rebound, further increasing prices.
By the end of this course, you should be able to:
- Understand how infrastructure spending can cause prices to increase
- Explain how increased infrastructure output will increase pressure on key materials and construction equipment.