Question of the month July 2010
By Chris Sleight15 July 2010
In July we asked respondents about the impact of the various economic stimulus packages announced in Europe in late 2008 and early 2009. We know that construction contracts require time to prepare, bid and get underway, so almost two years on from the start of the financial crisis triggered by the collapse of Lehman Bros. it seemed a good time to ask about their impact.
We asked whether companies had been involved in stimulus packages - a simple yes or no - and we also asked if the y were currently bidding on such schemes. Three quarters of respondents said they had not worked on any stimulus packages, with 19% saying they had and a further 5% still bidding.