How are builders quoting so low?

In the current market a number of building contractors are tendering for work at levels below cost. How can they do this and why?

If they have employees better to keep them employed to cover at least some of their costs (initially) but mainly they are then making up the shortfalls in over priced extras. Won’t necessarily give them great references but at least they’re working.

~ by wendyjtimmins on June 18, 2009.