Latest projections from the Building Cost Information Service (BCIS) forecast construction costs to rise just over 3% in the year to 3Q 2024, while tender prices are expected to increase by just over 2% in the same period. In its five-year ...
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Planning advice
To maintain, or not to maintain? Repairs and maintenance are still the right answer says James Fiske, CEO of the BCIS With maintenance costs rising seven per cent (6.7 per cent) in 2022 and set to rise by five per ...
Read More »Chairman appointment at BCIS
The Building Cost Information Service (BCIS) has appointed a new Chairman to support its mission to help the construction industry to manage costs, reduce carbon and mitigate risk. Colin Smith joins BCIS with 40 years of experience working in companies ...
Read More »Construction slowdown predicted until 2027
New work output in the construction industry will not reach pre-pandemic levels until 2027, according to new analysis from the Building Cost Information Service (BCIS). As part of its quarterly data briefing, BCIS has revealed its short and long term ...
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