Death knell for partnering as clients seek to cut costs

摘要

Contractors and consultants have been warned that the days of cosy partnering arrangements are numbered, as major clients look to cut costs.rnMajor clients in the rail, water and aviation industries are gearing up to scrap long-term framework deals in a bid to slash costs.rnLast week Network Rail told suppliers that it had to make fundamental changes in its relationships to stave off a £4bn overspend.rnAnd water companies, fearful of a tough deal on investment spending from Ofwat in today's draft price determination are also expected to make sweeping changes to dealings with their supply chains.