March/ April 2023 Price Increase's Overview

Price Increase March_ April 2023 - Sheet1.pdf

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Check out the upcoming March and April 2023 Price Increase proposals from suppliers/ manufacturers - including Concrete, Aggregates, Asphalt and Manufacturer increases.

It would seem that Ready Mix Concrete overall is having the largest increases with between £8 -12.00 per M/3 increases. Having already exploded into the three digits before the decimal place (£100.00 rather than £80.00 per M/3!!!) from 2 years ago, there seems to be no stopping on where this is going.

Also, suppliers seem to be tightening down on the cancellation charges/ waiting time charges. Whilst this has started happening even with aggregates, it is the concrete that has made the most changes to its 'terms & conditions' to cover their costs.

As the industry always knew, you could book concrete 'provisionally' - meaning that if un-foreseen circumstances occur then the concrete could be cancelled/ called off very last minute- say the morning of delivery.

Most suppliers are now adding into their Terms & Conditions that concrete that is cancelled 'later than 3pm the day before delivery is due' will incur £10.00 - £15.00 per M/3 charges. Whilst the Nationals have had this in their T's & C's for a long time, it is now working its way into the smaller independents terms. It is still unclear how this would affect 'Provisional' orders - and we have noticed that almost all concrete suppliers aim to have 'provisional' orders confirmed for the next day by 3pm.

Whilst the T's & C's state the cancellation terms, there is always the 'get-out-of-jail free card' of Force Majeure - events beyond your control which is a two way statement in almost all contracts - So, if for example, trenches collapse/ fall in due to extreme weather this would classify as Force Majeure (events beyond anyone's control) and it would be extremely unreasonable for a supplier to push home the cancellation charges.

Hopefully this will be the last Price Increase list of 2023, but watch this space....

If you would like to benefit from strong supplier relationships which give better chances of avoiding miscellaneous charges, and better buying power, then get in touch and see how KJB Procurement Ltd can help.