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Headline

‘Competitions offer terrible odds for a pretty lean return’

Comment

Well done Hari for opening up the accounts on this and expressing what is a collective problem so clearly. We too have taken a hard look at the mounting expenditure on fee bids, which are becoming increasingly onerous, invited bids to do design work for a small fee, and competitions. We discovered about 10% of turnover was spent on bidding. It doesn’t take a genius to see this isn’t sustainable.

Posted date

22 July, 2019

Posted time

6:01 pm

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