Not so easy for general contractors
Eventsschedule 07 December 2018
24th Annual Property Market Convention organised by Eurobuild CEE
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POLAND "Self-respecting construction companies price their services according to current rates and expect partnership from investors,” said Łukasz Kozerski, the development manager at CFE Polska, during a panel discussion on the problems faced by the Polish construction sector at the 24th Annual Property Market Convention organised by Eurobuild CEE.
He also pointed out that the caution of general contractors is making life for developers more difficult. Having had their fingers burnt on previous contracts, general contractors will often refuse to enter into a new investment if they see even a shadow of a risk.
“We signed several contracts a year and a half ago, when material prices started rising sharply and also in the project estimates, discrepancies appeared between purchase prices and what was budgeted. However, we managed to sor
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