The CLC Product Availability Group has issued its latest statement, confirming price inflation is expected to persist ‘across most product categories for the rest of the year’, with ongoing concerns over rising energy costs and labour shortages. Whilst general product availability is improving, gas boilers are still subject to extended lead times and transport issues continue to affect imported products.

Following the call from Build UK Chair Paul Cossell for a collaborative approach to mitigate the pressures of inflation on current and future projects, Build UK hosted a meeting of Contractor members and key Government departments last week where it was confirmed it is in everyone’s interests to keep projects moving forward. Build UK’s guidance on Managing Price Inflation, produced with Wedlake Bell LLP, includes advice on fluctuations clauses and negotiating contracts to take inflation into account.