Road contract ors hit back over cost hikes

摘要

Highways contractors are uniting to step up their demands for changes to contracts that are seeing them lose millions of pounds on existing deals due to volatile oil markets and rising bitumen prices. Contractors are reporting that the price of bitumen, which accounts for about a third of the cost of constructing a new road, has hit a 25-year high, rising by as much as 60 per cent in the past two years.