Latest news
Published: 27th March 2025
BCIS appoints new CEO
The Building Cost Information Service (BCIS) has appointed Richard Linstead as CEO, with James Fiske appointed to the new role of executive director. Richard, who has been with the business for two years in his role as chief product and technology officer, brings more than 25 years of experience in…
Published: 23rd January 2025
BCIS reports tender prices up for civil engineering
Civil engineering tender prices increased by an average of 1% in the final quarter of 2024, according to a panel newly established by the Building Cost Information Service (BCIS). The BCIS Civil Engineering TPI panel has been formed to advise on the latest movement in tender prices, i.e. prices…
Published: 16th January 2025
BCIS reveals five-year infrastructure forecast
Civil engineering costs are forecast to rise by 16% over the next five years to 3Q2029, while civil engineering tender prices are predicted to increase by 23% over the same period, according to the latest forecast from the Building Cost Information Service (BCIS). Dr David Crosthwaite, chief…
Published: 15th January 2025
BCIS reveals five-year maintenance, cleaning and energy forecast
Maintenance costs, as measured by the BCIS All-in Maintenance Cost Indices, are set to rise 15% by 3Q2029, according to the latest forecast data from the Building Cost Information Service (BCIS). Cleaning costs, mainly driven by labour costs, are expected to rise by 25% over the forecast period…
Published: 15th January 2025
BCIS reveals five-year construction industry forecast
Building costs will increase by 17% over the next five years, while tender prices will rise by 19% over the same period, according to the latest construction forecast data from the Building Cost Information Service (BCIS). New work output, which has been contracting since mid-2023, is expected to…
Published: 12th December 2024
Tender prices up by 0.8%, reports BCIS
Tender prices increased by an estimated average of 0.8% between 3Q2024 and 4Q2024, according to the latest data from the Building Cost Information Service (BCIS). The increase resulted in 2.3% annual growth in the BCIS All-in Tender Price Index, down from a peak of 10.3% observed in 2Q2022. BCIS…