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Long delays could lead to product and contract inflation, says Jack Pringle
The border crisis could lead to project costs rising sharply if the situation is not resolved swiftly, a senior architect has warned.
If building products remain caught up in the chaos after the Christmas slow-down, projects will be delayed and eventually prices would go up, said Jack Pringle, former RIBA president and co-founder of Perkins & Will.
But he also cautioned that, compared with Brexit, it was a temporary hitch and not a major cause for concern for architects.
“It will definitely have an impact – on contracts and supplies – but hopefully it’s only a short-term issue,” he said. “But if delays continued we would not only see disruption but inflation too.
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