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 - 25 of 31 results
Alan Muse FRICS, 27 Mar 2015
Construction is a large contributor to world gross domestic product (GDP) and is recognised as having a significant ‘multiplier’ effect on national economies.
18 Jul 2017
Following the removal of the cap on university places in 2015, higher education student numbers have continued to expand in the UK, placing pressure on the student accommodation infrastructure.
08 Sep 2017
Civil engineering costs rose 4% in the year to 1st quarter 2017 and are forecast to rise by around 3% in the year to 1st quarter 2018 and 1st quarter 2019; by 4% in the year to 1st quarter 2020, and by 5% per annum over the last two years of the forecast.
22 Aug 2017
The updated 2018 resource datasets are now available, including all recent changes to wage rates, plant and materials prices, the revision of adjustment factors and a range of new items. Pricing information is based on second quarter 2017.
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.
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.
19 Jul 2017
Cleaning costs are still set to rise by more than 25% over the next five years as labour cost pressures, fuelled by the projected National Living Wage (NLW) increases, remain unchanged.
16 Oct 2017
Cleaning costs continue to rise, reflecting wage fluctuations fuelled by the introduction of the National Living Wage (NLW).
While it is not yet known what the impact of leaving the European Union will be, because it is still not clear what form the Brexit agreement will take, it is becoming clearer what will be affected.
20 Jul 2017
The BCIS five-year forecast for the facilities management sector sees maintenance cost inflation rising by 2.5% to 1st quarter 2018 and by a further 2.9% to 1st quarter 2019. It's then forecast to rise by over 4% in each of the next three years.
The BCIS Online featured project for September 2017, submitted by Selway Joyce Construction Cost Consultants, is the recently tendered £4.8 million conference and community centre in Chichester, West Sussex.
A recent BCIS news feature, 'Converting offices into homes', identified that on a £/m2 basis, the difference between the cost of conversion and new build can be nominal.
The average annual running cost of student residences is in the region of £51 to £67 per m2 of gross internal floor area, according to the latest occupancy cost plan published by BCIS.
06 Oct 2017
Prices for maintenance will be suppressed as demand from the repair and maintenance (R+M) sector is expected to grow very slowly over the next three years.
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.
06 Sep 2017
Private housebuilders' costs rose at almost 5% in the year to 2nd quarter 2017 in response to demand pressures from resource costs.
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’.
Kim Bailey, 13 Sep 2017
Ten firms that utilise BIM technology to create smarter, more creative buildings were recognised at the 2017 RICS BIM4SME Awards, where Willmott Dixon Interiors won the esteemed ‘Best Overall BIM Project’ for their work on 39 Victoria Street in Westminster, London.
25 Oct 2017
We're developing new mandatory requirements to ensure service charges to commercial tenants are transparent, upfront and fair, and that any costs incurred to repair or maintain their building are in accordance with the terms of their lease.
19 Jan 2017
With the constantly evolving demands of work, how do workers ensure they are paid on time — or at all? This is where the concept of a payment standard can come into play.
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).
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.
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).
Tender prices for social housing in Scotland have started to rise since the beginning of 2017 following a year of little change.
01 Oct 2015
Mike Pollard, Head of Collaborative Working at Network Rail, shares his views on the optimal conditions for collaboration for both clients and contractors.
© RICS 2017
© RICS 2017