Civils firms hit by rising costs and falling workloads

摘要

Late last year NCE asked 43 civil engineering consultants and contractors for their views on the likely state of the infrastructure market in 2011. Their conclusions were stark. Margins were being hammered, and tender prices were plummeting. Compared with December 2010, 54% said margins for new public work were lower. Alarmingly, 31% said margins for work being done within existing frameworks were also down. None of the firms surveyed said margins for public sector work were up.