Read the latest surveying industry news and keep up with developments within RICS.
Showing 1 - 23 of 23 results
17 Jan 2018
The BCIS five-year forecast for the facilities management sector sees maintenance cost inflation rising by 2.3% to Q3 2018 and by a further 2.6% to Q1 2019. It is then forecast to rise by between 2.9% and 3.8% over the next three years.
Nigel Sellars FRICS, 19 Jan 2018
From 1 January 2018, all RICS professionals and regulated firms are now required to follow the global professional statement on Conflicts of Interest, 1st edition.
Private housebuilders' costs increased by 4.6% in the year to Q3 2017 in response to demand pressures on resources. They have been rising steadily since the beginning of 2014.
Hew Edgar, 16 Jan 2018
Membership of the EU provides the UK with access to a number of EU funding streams – notably, the European Investment Bank (EIB) and European Structural and Investment Funds (ESIF). A loss of these funding streams could have negative consequences for infrastructure investment and development.
23 Nov 2017
The Department of Health (DoH) has submitted its final tranche of 72 projects procured using ProCure21+ to BCIS for analysis and publication as elemental cost analyses via BCIS Online. The contract value of the projects total over £700 million. This will further increase the sample sizes of health-related projects available to BCIS subscribers.
06 Nov 2017
A formal Strategic Alliance (Alliance) has been agreed between the Australian Property Institute (API) and Royal Institution of Chartered Surveyors (RICS).
14 Nov 2017
Tender prices for civil engineering work are expected to rise by an annual 4% over the next three years*, by 5% in 2021 and then by 7% in 2022 as site rates rise sharply to reflect the difficulty in obtaining labour. This is against a background of historically high new infrastructure output. (*five-year forecast from 2nd quarter 2017 to 2nd quarter 2021).
09 Jan 2018
The BCIS Location Indices have become increasingly volatile and BCIS regularly receives queries about the change in location indices for one region or another.
11 Jan 2018
Tender prices have risen significantly in 2017 so far, but with output remaining unchanged in 2018, and with uncertainty about the effect of Brexit negotiations in the private commercial sector, tender prices are expected to fall in the year to 3rd quarter 2018, according to the latest BCIS five-year forecast.
23 Oct 2017
Combining police stations and fire stations on one site is an innovative trend in the asset management of publicly funded local resources.
Geoff White, 28 Nov 2017
Business, Energy and Industrial Strategy Secretary Greg Clark launched his long-awaited Industrial Strategy White Paper this week and the good news is that there is a Sector Deal for construction.
12 Nov 2017
UK construction costs are among the most expensive in Europe when calculated in Euros according to a recent study. The post referendum weakening of Sterling against the Euro will have increased the UK costs in this study compared with previous years.
10 Jan 2018
The £60.9 billion annual spend on building maintenance (current prices) makes a significant contribution to the economy, accounting for over 3% of GDP.
18 Dec 2017
We welcome the findings of the independent review of the building regulations and fire safety led by Dame Judith Hackitt. The report rightly outlines the need for change, and underlines the need for Government and industry to work together.
21 Nov 2017
The way that designers select different components for their buildings has been transformed by the new Life Cycle Evaluator tool launched by the Building Cost Information Service (BCIS).
A new series of Output Price Indices (OPI) has been issued by the Office for National Statistics (ONS).
The proportion of projects submitted to BCIS that were let on design and build contracts rose from 28% to 58% over the past 10 years, reflecting the changes in procurement in the industry.
08 Dec 2017
We're accepting recommendations and applications for nomination to participate in the Research Excellence Framework (REF) 2021.
04 Dec 2017
Professionals can contribute to the consultation as part of RICS’ review of its professional indemnity insurance (PII) run-off policy in the UK.
Tender prices for social housing in Scotland have started to rise since the beginning of 2017 following a year of little change.
Matthew Howell, 21 Jun 2017
This update, for the UK profession, provides a summary of our actions and UK government requirements in response to the Grenfell Tower fire.
18 Jul 2017
On 7 July 2017, the first meeting of RICS Buildings Fire Safety Group was held. This RICS working group will address concerns and recommendations in response to the Grenfell Tower disaster, with RICS professionals coming together to set out the best possible strategy and counsel.
21 Jun 2017
In the aftermath of the tragic events at Grenfell Tower, owners and managers of residential tower blocks need to urgently carry out fire safety checks to ensure that appropriate safety and response measures are in place.
© RICS 2018
© RICS 2018