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News & opinion

13 MAR 2019

Estimating for the FM maintenance sector

Inflation in the costs of maintenance work has risen between 2.6% to 5.3% over the last 12 months, however the picture is not the same across all trades.

The general trend, as expressed by the BMI All-in Maintenance Cost index, has seen prices rise by around 3.8% but some resource costs have increased by more significant amounts. For example, the costs of imported plywood increased by over 15% last year, and both fabricated structural steel and kitchen furniture also increased in price by close to 10%. This highlights the importance of using the most up-to-date datasets to ensure accurate estimates.

The BCIS Building maintenance price book 2019 (available online and in hard copy) has been completely revised and updated, to account for all changes to resource costs and wage rates up to 7 January 2019. It includes extended sections on inspection chambers, roofing repairs and demolitions.

The online version of the Building maintenance dataset (Schedule of rates online) is easily accessible via computer, netbook or tablet. It allows subscribers to create, save and reuse abstracts for an estimate or schedule of rates and gives the option to adjust rates for location and base date, as well as providing rate breakdowns.

The Building maintenance dataset is also available as part of the Building Running Costs online service.

The BCIS Building maintenance price book 2019 is available from RICS Books.