Payment woes for contractors


PETALING JAYA: The weak property market in recent years has resulted in a competitive tendering environment for building construction jobs, with some contractors willing to cut prices in their efforts to secure new jobs, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee.

“It is a very competitive tendering environment now. For some tenders, we see more than 100 contractors bidding and it impacts all levels of contractors.

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