Each year, BCIS analyses the significance of maintenance work in both the construction industry generally, and in the economy as a whole. These are the results of a special report commissioned by BCIS*, which examined all available statistics to arrive at an estimate of the total expenditure on maintenance in the UK.
Maintenance expenditure is rising, as measured by value of output, proportion of Gross Domestic Product (GDP), and as a percentage of the replacement value of the stock of buildings and works to be maintained.
These are the results of a special report commissioned by BCIS*, which examined all available statistics to arrive at an estimate of the total expenditure on maintenance in the UK.
For non-housing, maintenance fell in relation to the stock of buildings and works in the years following the crash in 2008, but has recovered slightly over the latest two years 2013 and 2014 as the economy has recovered.
The total expenditure estimate is made up of contractors’ output, output from directly employed labour, private householders’ expenditure on DIY goods and maintenance services, and insurance backed maintenance expenditure.
In 2014, the latest year for which all the statistics are available, total expenditure on maintenance was £58,431million, up over 7% on the previous year. This represented 3.22% of GDP, up from 3.13% in 2013.
Maintenance expenditure represented 1.04% of the value (at replacement cost) of the stock of buildings and works maintained. This figure varies from 0.91% for housing to 1.2% for non-housing. BCIS has made no allowance for householders’ labour in carrying out DIY, which may explain the difference.
Our research shows just how significant maintenance is to the UK economy. It is therefore important that building owners, operators and facilities managers manage their existing buildings efficiently. Furthermore, clients and their design teams and contractors, must consider the whole life performance of a building when constructing and refurbishing a property, taking into account not just the capital costs of elements and components but their maintainability and longevity.
* BCIS Economic Significance of Maintenance Report 2016, is available as part of the BCIS Building Running Costs Online service.
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