Read the latest surveying industry news and keep up with developments within RICS.
Showing 1 - 16 of 16 results
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).
30 Apr 2018
Collecting, analysing, modelling and interpreting cost data allows industry to make better informed decisions regarding projects and assets, and identify areas for improvement.
22 Feb 2018
Tender prices for civil engineering work are expected to grow 29% over the next five years, rising faster than costs throughout the period as infrastructure construction output continues to grow.
The BCIS assumptions for the future of construction labour cost inflation used in our current forecasts are set out below:
Jeffrey Matsu, 09 Mar 2018
Harnessing the creative energy of tech savvy youth into productive careers in the built environment will help us deliver the industrial transformation that society urgently requires to tackle issues related to the economy, environment and social mobility.
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.
Robert Mallett, 14 Feb 2018
Most of us are familiar with the Oyster Card and contactless ticketing technology that has made major improvements to the travel experience across London.
17 Apr 2018
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.
16 May 2018
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.
Ursula Hartenberger, 27 Oct 2017
In recognition of the crucial role the built environment plays in reducing carbon emissions, the buildings sector will enjoy high levels of visibility at this years 23rd Conference of the Parties (COP23). The annual climate change conference convened by the United Nations aims to move forward the commitments made at COP21 under the Paris Agreement in 2015. COP23 takes place from 6 to 17 November 2017 in Bonn, Germany.
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.
08 Aug 2017
What would you do after being rejected for a place on your dream project management postgraduate course? How about enrol on a quantity surveying course, get a job with AECOM, move to Canada and oversee the management, design and construction of petrol stations in one of the biggest countries in the world? Kerhys Sterling describes her inspirational journey into surveying.
17 May 2017
Infrastructure programmes are extraordinarily complex: they can take many years, have many stakeholders and often have to be executed while connected infrastructure is still in public use. For this reason, being a commercial manager is perhaps as much about controlling risk as it is about controlling cost.
03 Mar 2017
By 2020, 1.2bn Africans will be living in cities needing housing, roads, power, sanitation - placing enormous pressure on ageing infrastructure.
09 Jan 2018
A new series of Output Price Indices (OPI) has been issued by the Office for National Statistics (ONS).
17 Jan 2018
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.
© RICS 2018
© RICS 2018