Procurement practices must change following Fletcher's floundering
Construction industry procurers will be hoisted by own petards, predicts Infrastructure NZ boss.
Nick Grant Wed, 14 Feb 2018
Infrastructure New Zealand chief executive Stephen Selwood wasn’t surprised by Fletcher Building’s [NZX: FBU] announcement yesterday that the expected loss of its buildings and interiors unit this year has widened to $660 million – or that the unit will no longer be bidding for vertical
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