Contractors increase tender prices, says NFRC

Picture credit: Adobe Stock / sveta
Picture credit: Adobe Stock / sveta

The latest State of the Roofing Industry survey from National Federation of Roofing Contractors (NFRC) and Glenigan has revealed that a balance of 73% of roofing and cladding contractors raised their tender prices in Q1 of 2022. This is an increase on a balance of 61% in Q4 of 2021.

Consequently, clients seeking to have roof work done will be faced with higher prices, as contractors compensate for their costs rising.

The survey of NFRC members also revealed that a balance of 90% of respondents said that material prices had risen compared to Q4 of 2021. A balance of 61% of firms said that labour costs had increased.

Responses related to the impact of the Russian invasion of Ukraine also indicated that energy costs are placing a burden on contractors, with 18% noting an impact. Increased fuel prices were also noted.

Despite this, roofers and cladders remained in demand. Enquiries increased for contractors across the UK, and workloads grew for the sixth consecutive quarter—since the survey began, in late 2020. This continued steady pipeline of work meant that on balance contractors felt optimistic about the next twelve months.

The survey also indicated that shortages of both materials and labour are still affecting many contractors, possibly exacerbating price inflation as demand outstrips supply.

Material shortages eased slightly from Q4 of 2021 but remained a significant challenge. 29% had difficulty in securing concrete roof tiles, 26% experienced the same with clay roof tiles. In a period of fresh government incentivisation of energy efficiency measures, one in five (20%) reported that insulation was difficult to obtain—indicating no improvement on Q4.

Skills shortages remain rife across the industry, with the Q1 survey seeing a balance of 59% of contractors reporting a worsened landscape when they sought suitable labour. Over a third (36%) reported difficulty recruiting slaters and tilers, whilst 22% struggled to bring on Built-up Felt roofers and 15% said the same regarding cladders.

James Talman, NFRC CEO, said: “With cost pressures weighing heavily on contractors, it is unsurprising that so many must raise their prices. Clients will need to be aware that work on their roofs will cost more. It is essential that there is close collaboration between suppliers, contractors and clients to ensure the burden of this inflation is fairly shared.”

>>Read more about NFRC here.

No posts to display