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02Aug91 UK: DEPARTMENT OF TRANSPORT TOLD TO CASH IN ON LOW TENDERS.

More roads must be built as tender prices for Department of Transport contracts plummet.That is the message from industry experts as a survey released last week shows tenders coming in at up to 30 per cent below DTp estimates.Now the Confederation of British Industry and the Federation of Civil Engineering Contractors are calling on the Government to use the saved cash to build more roads.A survey carried out by the British Roads Federation showed nine schemes which the DTp had budgeted ...

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