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Building Cost Information Service
Latest projections from the Building Cost Information Service (BCIS) forecast building costs will increase by a predicted 14 per cent over the next five years to 1Q2031, while tender prices will rise by 15 per cent over the same period. The…
Geopolitical unrest clouds outlook as tender prices rise
The latest data from the Building Cost Information Service (BCIS), shows tender prices increased by an estimated 0.7 per cent between 4Q2025 and 1Q2026, resulting in a 2.8 per cent annual growth in the BCIS All-in Tender Price Index (TPI).…
BCIS All-in Tender Price Index reports increased optimism
Latest data from the Building Cost Information Service (BCIS) reveals tender prices increased by an estimated average of 0.7 per cent between 2Q2025 and 3Q2025. The increase resulted in 2.5 per cent annual growth in the BCIS All-in Tender…
Tender prices rise by 0.8%, reports BCIS
Latest data from the Building Cost Information Service (BCIS) shows tender prices increased by an estimated average of 0.8 per cent between 3Q2024 and 4Q2024. The increase resulted in 2.3 per cent annual growth in the BCIS All-in Tender…
Building costs forecast to rise 15% in next five years
The latest construction forecast data from the Building Cost Information Service (BCIS) shows building costs are set to increase by 15 per cent over the next five years, while tender prices will rise by 20 per cent over the same period. As…
BCIS publishes five-year forecast for construction sector
Latest projections from the Building Cost Information Service (BCIS) forecast construction costs to rise just over 3% in the year to 3Q 2024, while tender prices are expected to increase by just over 2% in the same period. In its five-year…