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Latest news

Published: 26th June 2025

BCIS reports tender price inflation of 0.5 per cent

Tender prices increased by an estimated average of 0.5 per cent between 1Q2025 and 2Q2025, according to the latest data from the Building Cost Information Service (BCIS). The increase resulted in 2.3 per cent annual growth in the BCIS All-in Tender Price Index, the same as was reported in the first…

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Published: 25th June 2025

BCIS reveals stronger growth in housebuilding cost inflation

Annual housebuilding cost inflation, as measured by the BCIS Private Housing Construction Price Index (PHCPI), stood at 2.0 per cent in 1Q2025, down from a peak of 15.3 per cent in 2Q2022 and up from 1.7 per cent reported in the final quarter of 2024. On a quarterly basis, this represented a 0.7 per…

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Published: 24th June 2025

BCIS reports civil engineering tender prices up one per cent

Civil engineering tender prices increased by an average of one per cent between 1Q2025 and 2Q2025, according to a panel newly established by the Building Cost Information Service (BCIS). The BCIS Civil Engineering TPI panel was formed to advise on the latest movement in tender prices, i.e. prices…

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Published: 19th June 2025

Migration reforms risk deepening skills crisis in Scottish construction, industry panel warns

The UK government’s proposal to limit immigration could inadvertently cause even more acute skills shortages in Scotland’s construction sector. That is the warning from the Building Cost Information Service (BCIS) Scottish Contractors Panel, which tracks movement in tender pricing levels in the…

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Published: 4th June 2025

BCIS calls for investment action after Labour’s sluggish start

Construction cost and carbon experts at the Building Cost Information Service (BCIS) are calling for more decisive investment action from the government after a slow first year in power.  Chief economist Dr David Crosthwaite said the government must prioritise a transparent and detailed…

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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…

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For any additional information from BCIS:

+44 1273 666200
bcis@midnight.co.uk