16 MAR 2018
The construction industry generates a wealth of valuable cost data on projects, but most of it is not systematically captured for re-use on future projects.
This is the conclusion of an Insight Paper published by the RICS, Sharing Construction Data – Benefits, Challenges and Opportunities
The paper is the result of three round table discussions attended by clients, contractors and consultants.
Note: BCIS online is an industry repository for building project costs analysed elementally. It provides clients, consultants and contractors secure online access to their project data. The analyses can be prepared from contract documents used in most procurement routes for example:
|Design and Build||Contract Sum Analysis||Employers' Requirements or Contractors' Proposals||Drawings|
|Specification and Drawings||Contract Sum Analysis||Specification||Drawings|
|Target Cost||Target Cost Breakdown||Specification||Drawings|
|All projects require the gross internal floor area, location and date on which the costs are based if not included in the supplied documents.|
If you are interested in having access to all your project data online, contact the Data Delivery Team on 020 7695 1700 or by email.
* Elemental Standard Form of Cost Analysis – Principles, Instructions Elements and Definitions, 4th (NRM) Edition.
** The International Construction Measurement Standards (ICMS): Global Consistency in Presenting Construction Costs, International Construction Measurement Standards Coalition, 1st edition, July 2017.