Latest news
Published: 1st July 2026
BCIS reveals updated five-year maintenance, cleaning and energy forecast
Maintenance costs, as measured by the BCIS All-in Maintenance Cost Indices, are set to rise by 15.7% over the five years to 1Q2031, according to the latest forecast data from the Building Cost Information Service (BCIS). Cleaning costs are expected to rise by 29.1% over the same period, driven…
Published: 29th June 2026
BCIS reveals updated five-year construction industry forecast
Building costs are forecast to increase by 13.1% over the next five years, while tender prices are expected to rise by 15.5% over the same period, according to the latest construction forecast data from the Building Cost Information Service (BCIS). Total new work output is forecast to contract by…
Published: 25th June 2026
Geopolitical tensions ease as tender prices rise in 2Q2026
Tender prices increased by an estimated 1.0% between 1Q2026 and 2Q2026, 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…
Published: 24th June 2026
Civil engineering tender prices rose in 2Q2026, BCIS panel finds
Civil engineering tender prices increased by an estimated 2% between 1Q2026 and 2Q2026, according to the latest meeting of the BCIS Civil Engineering TPI Panel. The panel, comprised of cost consultants from firms involved in multiple civil engineering tenders in the UK, advises on the latest…
Published: 8th June 2026
100 days on: Iran conflict creates a different challenge for construction than previous global shocks
One hundred days after the outbreak of conflict in Iran, the UK construction sector is facing mounting pressure from rising energy costs, persistent inflation and weakening demand, according to analysis by the Building Cost Information Service (BCIS). While the conflict initially impacted commodity…
Published: 2nd June 2026
Housebuilding cost inflation edges higher as sector recovery remains uncertain
Annual housebuilding cost inflation, as measured by the BCIS Private Housing Construction Price Index (PHCPI), stood at 2.3% in 1Q2026, up on the 2% increase reported in the final quarter of 2025. At the same time, construction output figures demonstrate ongoing pressure on the private housing…