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Last edited 27 May 2022
CLC plans to ease impact of construction inflation
Bringing together experts from across the sector to look at the options available to reduce these impacts, it is recognised that many of the factors driving the materials crisis are outside the control of businesses and the UK Government.
- Developing market intelligence about risk hotspots
- Publishing guidance on price inflation indexation, and commercial issues
- Preparing case studies on good practice in response to current inflation
- Running industry briefings on conflict avoidance
- Researching long-term capacity loss from Ukraine, Russia and Belarus, and impacts on sector
CLC member and Mace Group Chairman and Chief Executive Mark Reynolds said: "Across our industry we are seeing businesses facing real challenges with inflation that are well above those seen in the sector for many years. There is no one party that can tackle this issue alone and we can't pass the problem on to others to solve. We all must work collaboratively – clients, contractors and everyone in our supply chain – to provide support where possible to limit the impact on firms nationwide."
Further information will be published in the coming weeks.
This article was originally published on the CIAT website on 25 May 2022.
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