You will be aware that 103 construction firms were fined a total of £129.5 million on 22 September in relation to 199 infringements identified by the OFT.
There is speculation in the press that action may be taken by public authorities to recover losses through overcharging.
You may well be approached by other law firms suggesting that you may be able to recover loss due to overcharging on your project.
We do not think making a claim will be easy, or establishing that a loss has been suffered simple. Indeed our approach would be to review with you whether it really is sensible to spend money trying to recover sums already spent on projects when you may be better off in these straightened times looking forward and focusing on future projects.
Full details of the OFT decision will be published shortly.