Mace expects UK tender price inflation to remain at 4.5% this year and at 5.5% in London, according to its latest set of forecasts. Mace set its tender price forecasts for the UK and London for the next two years at 4% in 2016 and 2017 nationally, and 4% and 3.5% in London respectively. Mace cost consultancy managing director Chris Goldthorpe said margins continue to be the main driver behind tender price increases, as input cost inflation was subdued.
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