Tender prices are up – and history says they won’t come back down

Stewart Macleod is market director for buildings and places, UK and Ireland, at AtkinsRéalis The ongoing crisis in the Middle East is creating significant volatility across global markets, with the uncertainty leading to cost rises and pressure points in the UK. But we also know… The post Tender prices are up – and history says they won’t come back down appeared first on Construction News.

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Tender prices to rise 15% by 2031, says BCIS

Tender prices and construction costs are predicted to rise by 15 per cent and 14 per cent respectively over the next five years, according to the latest Building Cost Information Service (BCIS) forecast. Its previous five-year forecast in January envisaged a 15 per cent increase… The post Tender prices to rise 15% by 2031, says BCIS appeared first on Construction News.

Tender prices rise amid geopolitical uncertainty, says BCIS

Contract tender prices rose by less than 1 per cent in the first three months of the year but the ongoing war in the Gulf has “tempered” hopes of a recovery in the construction sector, according to the the Building Cost Information Service (BCIS). Its… The post Tender prices rise amid geopolitical uncertainty, says BCIS appeared first on Construction News.

BCIS - Are you using the right index? Managing inflationary risk on construction projects 12062023

As we continue to face increasing cost pressures on our construction projects, there’s never been a better time to remember the importance of managing inflationary risk within our projects and programmes. In this webinar BCIS explore the importance of selecting the right index when updating project costs. They highlight the different types of indices available, what they cover and how to manage inflation with our golden rules.