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.
The items you can see are based on your geographic location. The list may be refined by topic or professional group by checking the side-bar options, or you can search for keywords using the search facility.
Showing 1 - 25 of 36 results
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.
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.
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.
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.
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.
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.
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.
15 Jun 2017
Over the last three years, BCIS has received a number of office block to residential conversion projects. In 2013 the subdued office market, combined with the political desire to promote the delivery of new homes throughout the UK, led to the Government introducing new rules, which allowed for the change of use of offices to residential without the need to obtain planning permission.
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.
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.
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.
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.
14 Jun 2017
The Scottish Futures Trust (SFT) launched its new Community Infrastructure Benchmark Database (CIBD) in March 2017.
13 Jun 2017
Private housebuilders' costs rose at over 5% in the year to 1st quarter 2017 in response to demand pressures on resources.
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.
BCIS’ latest forecast was published on the eve of the election on the assumption that, whatever the outcome, government policies for construction would remain largely unchanged.
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.
12 May 2017
The BCIS Online featured project for May 2017, submitted by East Ayrshire Council, is the recently completed £1.9 million parade of 7Nr retail units in Cumnock, Strathclyde. The size of each retail unit ranges between 96m2–117m2, totalling 775m2.
20 Apr 2017
BCIS has recently published its 20,000th project cost analysis online. The project is a recently completed £16.3m 250-bed hotel in the West Midlands, submitted by Baker Hollingworth.
04 May 2017
Average kitchen and bathroom costs rose by approximately 2% in the year to 1st quarter 2017 after a significant fluctuation in labour rates owing to wage increases and skills shortages within the industry as well as an upturn in materials costs.
12 Apr 2017
Cleaning costs rose by 6.8% in the year to fourth quarter 2016 after a significant fluctuation in labour rates owing to the introduction last year of the National Minimum Wage (NMW) and the National Living Wage (NLW).
10 Apr 2017
Our Data Services Team has been appointed by the European Commission, the Directorate General for Energy, to maintain and update the EU Building Stock Observatory.
RICS’ Data Services team has been appointed by the European Commission, the Directorate General for Energy, to maintain and update the EU Building Stock Observatory.
The cost of rebuilding houses and flats has risen nearly 4% in the year to April 2017 in response to demand pressures and an upturn in resource costs.
© RICS 2017
© RICS 2017