Challenges in the Construction Sector: Navigating a Competitive Market with Fewer Public Contracts

2023-06-14 10:06:30

The construction sector is sticking its tongue out at the moment. Activity is slowing down for some players and concern remains for the end of the year and 2024. After the Covid crisis, Ukraine and the general increase in costs, public markets are also fewer and fewer and the competition is fierce for fewer contracts.

The Bajart company located north of Namur, specializing in renovation, particularly of heritage, does not hide it, the activity has already improved. Renovation does not have the wind in its sails and with many contracts, particularly in the restoration of churches and heritage, bids for public contracts have become rare.

In any case, times are tough for everyone and municipalities or regions no longer have a lot of cash to devote to this type of project.explains Benoît Delfosse, the technical director of Bajart. Fewer calls for tender means that many more of us are trying to win the market where before, companies could afford to make choices according to their specificities. We are less choosy“.

Another company in the sector also specifies that where 3 to 4 candidates appear in normal times, the last bid published for a construction of public building collected 13 candidatures with prices drawn down to try to win the timpani leaves to reduce its margins.

1686741418
#Slowdown #construction #order #books #struggling #fill

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.