News and Insight

BCIS secures new investment to support continued growth and innovation

11 May 2026

Building Cost Information Service (BCIS) has secured new investment from Bowmark Capital, marking the next phase of growth for the business as it continues investing in data, technology and customer experience.

The investment will support further development of BCIS’s digital platforms, data capabilities and analytical tools, helping the business continue delivering trusted insight to professionals across the built environment and insurance sectors.

Founded by the Royal Institution of Chartered Surveyors (RICS) in 1961, BCIS has supported the construction industry for more than six decades through changing economic conditions, evolving professional practices and increasing demands for reliable benchmarking and cost intelligence.

BCIS is trusted by organisations across construction, infrastructure, asset management and insurance to support decision-making in areas including cost planning, benchmarking, forecasting and risk management.

RICS CEO Justin Young said: “The investment of LDC and now Bowmark into BCIS is a testament to the crucial and ever-expanding role the service plays in the built environment sector. This fresh investment will further develop the technological infrastructure it employs to give its customers accurate and timely data insights. RICS, which founded BCIS in 1961, looks forward to this next chapter and continues to work closely with BCIS in the interests of our members and the sector."

You may also be interested in

Construction activity weakens as credit and cost pressures intensify in wake of Middle East conflct

According to the Royal Institution of Chartered Surveyors (RICS) UK Construction Monitor report for Q1 2026, the UK construction sector experienced a soft start with workloads declining across most major sectors and forward-looking sentiment weakening.

Transfer slabs in buildings: Advice and FAQs

This page contains answers to frequently asked questions and advice for the public and members regarding transfer slabs in tall buildings.

Supporting lifelong learning through high quality, industry aligned training programmes

Paul Wilson FRICS and Alan Northen FRICS, discuss how RICS training supports members to keep pace with a changing profession.

What the 2026 Scottish manifestos mean for the built and natural environment

With the 2026 Scottish Parliament election fast approaching, the built and natural environment sits at the heart of all major parties’ plans for economic growth, housing, and net zero.

DRS 50 Panel Member Spotlight: Ruth Farrell

In this spotlight, we speak with Ruth Farrell, Senior Rural Business Consultant and Arbitrator at DJM Consulting, who reflects on her work across rural business advisory and dispute resolution, and the role DRS plays in supporting confidence and consistency in resolving disputes.

Dispute Boards around the world – What we’ve learnt from global projects

This webinar explored how Dispute Boards (DBs) function across different regions and what global project experience tells us about the value they can add when implemented effectively.

Survey of the Profession goes live 5 May 2026

The first edition of our biannual global Survey of the Profession for 2026 will be open between 5th May - 12th June and we’d like to hear from you.

New Board Members Appointed in Australasia and Southeast Asia

We are pleased to announce that new members have been appointed to RICS Regional Advisory Boards across Asia Pacific and Australasia following recent appointment campaigns.

RICS backs Parliamentary call for urgent reform of the home buying and selling process

RICS welcomes the UK Parliament Housing, Communities and Local Government Committee’s recognition of the need to improve the home buying and selling process in England and Wales.

Credit conditions weaken as UK commercial property market feels geopolitical uncertainty

The RICS UK Commercial Property Monitor for Q1 2026 found a clear shift in market mood following the recent escalation of geopolitical tensions in the Middle East.