This section features the latest news, comments and press releases from our offices around the world, covering all aspects of surveying practice and also current developments within RICS.
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Showing 1 - 15 of 15 results
27 Feb 2018
Our new mandatory standards that put in place Conflicts of Interest (COI) requirements for RICS regulated agents involved in UK commercial property investments, have been welcomed as a positive step forward for the industry.
20 Apr 2018
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.
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.
30 Apr 2018
The BCIS assumptions for the future of construction labour cost inflation used in our current forecasts are set out below:
06 Apr 2018
BCIS research has highlighted the decline in directly employed maintenance staff in the public sector.
05 Apr 2018
Housebuilders’ costs rose 4% in the year to 4Q2017 according to the BCIS Private Housing Construction Price Index (PHCPI).
15 May 2018
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%.
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.
18 Jan 2018
With the role of an employer’s agent still seen as ambiguous, Kelvin Hughes introduces a new RICS guidance note designed to clarify matters.
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.
© RICS 2018
© RICS 2018