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Looking after cashflow and getting access to credit are the single biggest concerns among fa莽ade contractors, a new report for QS Exigere has warned.

In a sentiment survey, the firm, which is working as the cost consultant on Landsec鈥檚 拢250m Hill House scheme in the City as well as Stanhope鈥檚 redevelopment of the IBM building on London鈥檚 South Bank, said there was also a 鈥渞eluctancy to engage unless project designs and budgets match build complexity from the outset鈥�.

And it said fa莽ade contractors 鈥渁re generally opting not to bid for projects which have insufficiently developed designs or involve main contractors with 鈥榮hakier鈥� credit ratings 鈥� too many have been caught out taking these risks before鈥�.

It added: 鈥淪uppliers have little appetite for projects perceived as 鈥榬iskier鈥� or likely to go on pause due to funding or planning complications.鈥�

Exigere said jittery clients putting the brakes on jobs were also making them pick and choose more which jobs they were going to bid.

It added: 鈥淗esitation from developers is hampering the ability of these businesses to plan ahead to limit gaps in their production lines.

鈥淭his, combined with the yet uncertain effects of the implementation of the 好色先生TV Safety Act in the UK and the ongoing and real risk of main contractor insolvency, is causing many fa莽ade contractors to play the conservative hand when deciding which opportunities to bid for.鈥�

Exigere said fa莽ade contractors were ploughing money into improving in-house processes or restructuring to make sure they were better placed for a predicted uptick in activity next year and in 2026.

鈥淸This] is the measured approach being taken by most fa莽ade contractors, as opposed to seeking out any tendering opportunity available in a knee-jerk attempt to protect profitability in the current financial year.鈥�