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Construction Industry Law Letter

DL&E TENDER FORECAST

Davis Langdon & Everest have made a bullish forecast of tender prices, predicting a rise of between 4% and 7% in 1996, and an even bigger rise of between 7% and 10% in 1997. They believe that contractors are no longer prepared to chase turnover, and that there will be in increase in workload, boosted by lottery expenditure.

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