Latest news
Published: 21st October 2026
Budget an opportunity to provide clarity for construction industry
The Building Cost Information Service (BCIS) has urged the government to use October's Autumn Budget to avoid adding cost pressures facing construction businesses. Construction firms have seen higher materials and fuel costs since the outbreak of the US-Iran war, and changes to fiscal policy could…
Published: 8th October 2026
BCIS reveals updated five-year infrastructure forecast
Civil engineering costs are forecast to rise by 13% over the next five years to 2Q2031, while tender prices for civil engineering work are expected to increase by 16%, according to the latest data from the Building Cost Information Service (BCIS). Infrastructure new work output is forecast to…
Published: 8th October 2026
BCIS reveals updated five-year maintenance, cleaning and energy forecast
Maintenance costs, as measured by the BCIS All-in Maintenance Cost Indices – General index, are forecast to rise by 15.3% over the five years to 2Q2031, according to the latest forecast data from the Building Cost Information Service (BCIS). Cleaning costs are expected to increase by 23.6% over…
Published: 7th October 2026
BCIS reveals updated five-year construction industry forecast
Building costs are forecast to increase by 14% over the next five years, while tender prices are expected to rise by just over 14%, according to the latest construction forecast data from the Building Cost Information Service (BCIS). Despite similar growth over the five years to 3Q2031, building…
Published: 21st September 2026
Civil engineering tender prices rise as cost pressures and uncertainty hold
Civil engineering tender prices increased by an estimated 1% between 2Q2026 and 3Q2026, according to the latest meeting of the BCIS Civil Engineering Tender Price Index (TPI) Panel. The panel, comprised of cost consultants from firms involved in multiple civil engineering tenders in the UK, advises…
Published: 21st September 2026
Tender price growth remains stable as weaker demand persists
Tender prices increased by an estimated 0.7% between 2Q2026 and 3Q2026, according to the latest data from the Building Cost Information Service (BCIS). The increase resulted in 3.2% annual growth in the BCIS All-in Tender Price Index (TPI). The estimate reflects the consensus view of the BCIS TPI…