Q2 2020
Scenarios
Below we have outlined three potential scenarios: Good, Neutral and Poor. Each scenario includes a number of events and conditions which, if they materialise, will have varying impacts on tendering conditions.
By way of comparison we have included a brief summary of the market and tendering conditions we noted in our last TPI report (Q4 2019 TPI) and fed in to our forecasts:
![Scenarios Table](https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Scenarios-Table.png?w=480&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865763&s=91401f68c3ccb0ac6020a33bc5bc918d 480w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Scenarios-Table.png?w=640&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865763&s=b563269e12eb14ade5c81f946128758f 640w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Scenarios-Table.png?w=800&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865763&s=c4d1fa0b2311823af241f4851278bf79 800w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Scenarios-Table.png?w=1280&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865763&s=3321a7d44fc9f4d439e95bfe532b5811 1280w)
Forecasting which scenario will play out, and therefore how tender prices will be impacted, is extremely difficult. However, in the tables and fan graphs below, we provide tender price forecasts for both Greater London and the UK under each of these three scenarios. We have also provided a comparison of our UK-average tender price scenarios against the latest BCIS All-in TPI forecast.
![Uk Average Table](https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/UK-Average-Table.png?w=480&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865761&s=44b9b465d806cb6bfd06e41d8efa4ba3 480w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/UK-Average-Table.png?w=640&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865761&s=d7d71921ad0d73f7b79ce438bfe27e43 640w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/UK-Average-Table.png?w=800&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865761&s=af8de94cc6b4c679223b7077caa8d148 800w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/UK-Average-Table.png?w=1280&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865761&s=91798b5c32532f6debf395128e997f9a 1280w)
![Greater London Table](https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Greater-London-Table.png?w=480&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865757&s=5f4cdd1bed5d67239b9f0de52c2a2c0c 480w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Greater-London-Table.png?w=640&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865757&s=73ed25c35aa8107963ba04991a9a72e8 640w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Greater-London-Table.png?w=800&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865757&s=48a11833d3c757235c6319d1fd506d28 800w, https://optimise2.assets-servd.host/gt-marketintel/production/uploads/Tender-Price-Indicators/2020/Q2/Greater-London-Table.png?w=1280&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1649865757&s=715b9e81783db144c7d3b3881b87c8f6 1280w)