Governments are reviewing contractors’ supply chains before awarding new infrastructure contracts because they are worried companies will be unable to deliver projects due to the soaring costs of labour and building materials, consultants say.
Governments are reviewing the criteria they use to assess companies when awarding projects, and want to do more due diligence not just on builders but major sub-contractors and their suppliers, Mr Ireland said.
Builders, developers and sub-contractors are finding it harder to complete projects on time, and on budget, due toOn one NSW building project in NSW that went into receivership, contractors approached McGrathNicol to ask for extra money so they could complete jobs, including retiling bathrooms, Mr Ireland said.Russia’s invasion of Ukraine
“They’re looking for alternate supply chains,” Mr Fehon said. “And we’re seeing a lot more inquiry around, ‘Who is it we’re actually we’re doing work with?’.”
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