News from RICS
Read the latest surveying industry news and keep up with developments within RICS.
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Quantity surveying & construction
News 21 Jun 2018
For discussion
In recent quarters, the BIS Tender Price Index of Public Sector Building Non-Housing (PUBSEC) has been producing erratic results.
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Dispute resolution
RICS is pleased to announce that we have appointed the Centre for Effective Dispute Resolution (CEDR) as our default Alternative Dispute Resolution (ADR) Provider for regulated firms in the UK.
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Quantity surveying & construction
News 20 Jun 2018
For discussion
The BCIS Online featured project for June 2018, submitted by The Department of Health & Social Care (DHSC), is the recently completed £17million Children's, Young People and Perinatal Mothers’ Hub in Woodthorpe, Nottingham.
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Quantity surveying & construction
News 19 Jun 2018
For discussion
BCIS data and services can be used to assist surveyors in carrying out reinstatement cost assessments (RCA) for insurance purposes.
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Dispute resolution
RICS was invited by the Scottish Government to discuss viable conflict avoidance strategies to help reduce the financial and reputational costs caused by disputes. A range of Scottish public bodies and local authorities were represented at the meeting to learn about conflict avoidance and early intervention, and to contribute to the discussions.
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Quantity surveying & construction
News 
Susan Mason, 14 Jun 2018
For discussion
The vacuum in Executive decision-making in Northern Ireland is creating a backlog of delayed infrastructure projects.
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Planning & development
News 11 Jun 2018
For discussion
Over the past 40 years, the UK’s housing surplus has become a shortfall. Michael Sander explores the causes of this national crisis and recommends some policy responses.
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RICS welcomes the publication by the government of the draft regulations on Client Money Protection (CMP) Requirements for property agents in England.
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News 
John Hughes FRICS, 18 May 2018
For discussion
Our top governance body, Governing Council, met in London last month for the first of its two annual meetings, to look at future strategy.
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Quantity surveying & construction
News 18 May 2018
For discussion
The value of Sterling against other currencies affects construction costs in a variety of ways.
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Building control
News 
Sean Tompkins, 17 May 2018
For discussion
Dame Judith Hackitt today published the final report into the independent review of building regulations and fire safety, which addresses the need for regulatory change, and proposes solutions to the gaps in UK building regulations.
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Quantity surveying & construction
News 16 May 2018
For discussion
The BCIS Online featured project for May 2018, submitted by Potter Raper Partnership, is the recently tendered £19.4m Mountview Academy of Theatre Arts in Peckham, South London.
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Quantity surveying & construction
News 16 May 2018
For discussion
Oil prices are an upside risk to civil engineering costs in the remainder of 2018. With President Trump's decision to pull out of the Iran nuclear deal, Brent crude oil prices have risen to US$77 per barrel from US$67 at the beginning of April 2018.
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Quantity surveying & construction
News 15 May 2018
For discussion
The BCIS All-in Tender Price Index (TPI) for 3rd quarter 2017 has been revised downwards to 313 based on an improved sample. The figure for the 4th quarter is 322. The annual change for 2017 (4Q16–4Q17) now stands at 13.4%.
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Quantity surveying & construction
News 14 May 2018
For discussion
BCIS provides a ready source of data when establishing the replacement cost of a building for calculating a contractor's basis of valuation for rating purposes.
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Cost management
RICS Data Services are working with the European Commission’s Directorate General for Energy (DG ENER) to maintain and update the EU Building Stock Observatory (BSO).
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Quantity surveying & construction
Comment 
Louise Weale, 02 May 2018
For discussion
It's clear that no part of our industry will be unaffected by the technological changes we're seeing across the sector.
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Quantity surveying & construction
News 30 Apr 2018
For discussion
The BCIS assumptions for the future of construction labour cost inflation used in our current forecasts are set out below:
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Quantity surveying & construction
News 30 Apr 2018
For discussion
Collecting, analysing, modelling and interpreting cost data allows industry to make better informed decisions regarding projects and assets, and identify areas for improvement.
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Article 26 Apr 2018
For discussion
We look back at the best World Built Environment Forum Summit yet. Where innovators and global influencers arrive in one place to determine the future direction of the built environment.
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Article 
David Morgan, 23 Apr 2018
RICS held a policy roundtable with Welsh Government Cabinet Secretary for Finance Mark Drakeford on April 22 at the Welsh Labour Conference in Llandudno North Wales, to discuss how International Construction Measurement Standards (ICMS) could support the Construction sector in Wales.
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Quantity surveying & construction
News 20 Apr 2018
For discussion
Of the most recent projects* analysed by BCIS and published on the BCIS online service, 42% were for private clients and 58% for the public sector.
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Quantity surveying & construction
News 20 Apr 2018
For discussion
BCIS has been working with the specialist valuation team at Ecclesiastical Insurance Group Plc, to create the Ecclesiastical Heritage Index (EHI).
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Quantity surveying & construction
News 18 Apr 2018
For discussion
The BCIS five-year forecast for the facilities management sector shows maintenance costs rising 16.5% over the next five years, while cleaning costs rise 28%.
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Quantity surveying & construction
News 17 Apr 2018
For discussion
When using BCIS or any published indices it is important to understand how they are calculated. Most of the indices on the BCIS online database have detailed notes and definitions describing their calculation.