The average cost to contractors of bidding for a major framework is more than £247,000, and more than £130,000 for consultants, with up to a maximum of £1m, an independent review of public sector frameworks has found.
The review, entitled Constructing the Gold Standard, by professor David Mosey from the Centre for Construction Law at King’s College London, involved contributions by 20 major framework providers and over 100 clients.
It was commissioned earlier this year by Lord Agnew, minister at the Cabinet Office following a commitment made in the Construction Playbook, to help create a ‘gold standard’ against which new proposed frameworks and framework contracts can be measured as well as standard contract terms supporting this.
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