The chief executive of Galliford Try has said contractors are winning work at a loss as a result of increasingly crowded tender lists, writes Tom Bill.rnGreg Fitzgerald, speaking after the company issued a mixed trading update for the six months to 31 December 2008, said contractors were taking drastic action to boost cash flows and win clients.rnHe said: "It's got much tougher because more companies are looking for work in the public and regulated sectors. That means margins are depressed, and given some of the jobs we've lost out on I'd say some are winning work at a loss."
展开▼
