Read the latest surveying industry news and keep up with developments within RICS.
Showing 1 - 12 of 12 results
16 Mar 2018
Tender prices rose sharply in the first half of 2017, but are expected to fall over the year to Q4 2018. This is against a background of new work output remaining static in 2018, and uncertainty about the effect of Brexit negotiations in the private commercial sector.
19 Mar 2018
The recently tendered contract for the £6.6m Feldon Valley Golf Club development in Banbury, Oxfordshire, consisted of a new hotel, clubhouse extension and refurbishment, and 4Nr 3-bedroom multi-occupancy lodges, together with external works. The project was submitted by Selway Joyce Partnership.
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.
19 Feb 2018
BCIS is receiving an increasing number of projects let on target cost contracts. There are now over 200 health projects let through Procure 21+ on the BCIS database, most of which were let on NEC target cost contracts.
20 Feb 2018
Commercial construction output for 2017 as a whole shows quite strong growth of 5%. However, in the second half of 2017, output fell by 5% compared with the first half.
12 Feb 2018
The BCIS average prices section provides a statistical analysis of the costs of projects, which can be used to provide a budget for a project. The costs can be adjusted for location and date.
09 Feb 2018
The Tender Price Indices for 2017 have been revised. The latest recalculation shows that prices rose strongly throughout the year.
A recent court case highlights the importance of order of cost estimates to set reasonable budgets and elemental cost planning in ensuring that a design develops within budget.
07 Sep 2017
Crossrail, Battersea Power Station and Hinkley point have all been in the news because of reports of increased costs. It is important to understand the causes of increased costs, many of which may be part of the planned delivery and contracting process for the project.
14 Nov 2017
Tender prices for social housing in Scotland have started to rise since the beginning of 2017 following a year of little change.
09 Oct 2017
Tender prices are expected to fall slightly over the next year to 2nd quarter 2018, then recover to rise 20% above current levels by 2nd quarter 2022, according to the latest BCIS five-year forecast.
18 Oct 2017
The status of BCIS indices is shown against the figure for each period. For some indices, this status is shown as ‘Forecast’.
© RICS 2018
© RICS 2018