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Tag Archives: maintenance costs

Preventative action

With maintenance costs on the rise, Jill Wood, Managing Director at Signum FM, explains why neglecting maintenance tasks to save money in the short-term isn’t the solution It seems every day brings with it another new headline about rising costs ...

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Soaring inflation turns up the heat on building costs

The Bank of England’s decision to raise interest rates to five per cent (their highest level since 2008) in a bid to tackle soaring inflation will pile even more pressure onto building owners and managers to get their operating costs ...

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BCIS FM forecast expects maintenance costs to rise nearly 6% in 2023

Maintenance costs are expected to rise 5.7 per cent, in the year to the fourth quarter of 2023 and between 2.5 per cent and 3.1 per cent annually for the next four years, according to the Building Cost Information Service’s ...

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Research highlights the challenges FMs face in maintaining a safe facility

A survey of 250 facilities management professionals, carried out by manufacturer and direct supplier for industrial paint and repair products, Watco, has revealed the extent to which maintenance can impact the smooth running of a facility. The research found that, ...

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