Royal Institution of Chartered Surveyors
BCIS is a trading name of RICS

BCIS press releases

Press Release Description Date

Sharp rise in tender prices

The price of new construction work rose sharply in Q4 2007 with tenders rising well ahead of general inflation, says the latest Tender Price Index compiled by BCIS.

May 2008
Tender price rises outstrip inflation

The price of new construction work continued to outpace general inflation in the year to 3rd quarter 2007, according to the latest BCIS Tender Price Index.  

January 2008
Cost of building in China 45% of cost in Hong Kong The latest BCIS Asia Building Construction Survey ranks China fifth in regional cost table and Hong Kong third. November 2007
Free Trial of Life Cycle Costing Tool for Quantity Surveyors  BCIS Building Running Costs Online service will help quantity surveyors provide Life Cycle Costing (LCC) advice from the earliest stages of a construction project. October 2007
RICS eTendering means paper-free procurement RICS now offers a web tendering service for the construction industry, offering clients and their consultants a secure and cost-effective way to manage tenders online. Offered on a pay-per-tender basis, the service is managed by BCIS. September 2007
Updated dayworks definitions a 'must have' Dayworks definitions for contractors and quantity surveyors have been refreshed by BCIS, Royal Institution of Chartered Surveyors (RICS) and the Construction Confederation. September 2007
Tender Prices Continue Steady Rise BCIS Tender Price Index – Forecast to 2nd Quarter 2009

Early results suggest that the price of new construction work rose steadily in the year to 1st quarter 2007, according to the latest Tender Price Index compiled by BCIS, but rose behind the level of general inflation.

July 2007
Contractors and Quantity Surveyors will benefit from Daywork definitions From 1 September 2007 a revised definition of prime cost of daywork will apply to all building contracts. May 2007
New BMI Building Maintenance Price Book Organisations and individuals responsible for building maintenance can use the new BMI Building Maintenance Price Book 2007 to help with managing costs. April 2007
BCIS Tender Price Index– Forecast to 1st Quarter 2009 According to the latest Tender Price Index compiled by BCIS the price of new construction work rose in the year to 4th quarter 2006. April 2007
Do it for Mum on Mother's Day say BCIS

Have you been neglecting mum recently? Why not thank her for all she does by helping around the house this mother’s day. The Building Cost Information Service (BCIS) has published The Property Makeover Guide, which is full of novel Mother’s Day gift ideas. The guide also includes advice on employing a contractor, budgeting and building regulations.

March 2007
Small Works Price Book makes light work for Smaller Builder

A significant part of work undertaken in the construction industry is carried out by smaller firms - typically those with less than 20 employees, often as few as one or two, with some trades sub-contracted out.

February 2007
Painting and Decorating Price Book 2007 makes lighter (estimating) work for industry Be confident with the prices you are quoting. The new BCIS Wessex Painting and Decorating Price Book provides up to date guide prices and specifications for painting and decorating costs. February 2007
BCIS Flooding- Salt 'rots' drives to melt snow and ice says BCIS Despite what many people think using neat salt on drives can be a costly error because it destroys concrete and tarmac, increasing your repair costs after the snow melts.

February 2007

 

Tender Prices Outpace Inflation (BCIS Tender Price Index – Forecast to 4th Quarter 2008)

The price of new construction work rose ahead of general inflation in the year to 3rd quarter 2006. However, the price of new construction work remained unchanged in 3rd quarter 2006 compared with the previous quarter.

January 2007
Discover the true cost of your renovation resolution The start of a new year motivates many homeowners to improve their properties, but it’s not easy trying to work out what is a fair price to pay for renovation work when you are still facing Christmas bills. January 2007
How long do building components last? New report provides answers to the most difficult question in whole life costing

October 2006

Tender Prices Rise Behind Inflation BCIS Tender Price Index – Forecast to 3rd Quarter 2008

October 2006

The Property Makeover Price Guide launches at the Ideal Home Show 

Calculating the cost of builders: New guide to how much work on your property should cost. October 2006
Accurate estimating just got better and faster

Market leader launches latest Price Books - BCIS Wessex Price Books 2007.

September 2006

New survey puts China sixth in regional cost table and Hong Kong second.

China’s booming construction sector comes sixth in the East Asian league table of building costs; reveals a newly published survey of the world’s fastest growing economic region.

September 2006

New report provides answers to the most difficult question in whole life costing - How long do building components last?

Whole life costing allows clients to make decisions about their building and its related costs.  But it is difficult to know how long building components will last. BCIS has published its latest research findings.

August 2006
5 Year Forecast of tender prices to 1st quarter 2011 Tender prices for construction work are expected to rise significantly faster than inflation over the next five years, according to a report published by BCIS. August 2006
Tender Prices Stagnate in 4th Quarter 2005

The price of new construction work remained unchanged in 4th quarter 2005 compared with the previous quarter, according to the latest Tender Price Index compiled by BCIS.

April 2006
Tender Prices Fall in 3rd Quarter 2005 The price of new construction work fell in 3rd quarter 2005 compared with the previous quarter, according to the latest Tender Price Index compiled by BCIS. January 2006
RICS buys Wessex Electronic Publishing Wessex Electronic Publishing, the highly respected provider of construction and estimating price data and products has been sold to RICS (Royal Institution of Chartered Surveyors) by IHS Technical Indexes. November 2005
£60000 home competition

BCIS helps pick winners in £60000 home competition.    Plans for £60 000 homes became a reality as the successful bidders for the first four sites have been announced by the ODPM.

November 2005
What's the size of your house?

More than 90% of house owners don't know the external floor area of their homes - both upstairs and downstairs.  However, this number underpins the calculation of the rebuilding cost of homes in the UK - which in turn drives rebuild insurance premiums for home owners.

September 2005
Shrinking Homes

British homes are becoming condensed, with more rooms in the same space, says a five year review of UK housing carried out by BCIS on behalf of the Association of British Insurers (ABI).

August 2005

BCIS acts to reduce Landlord and Tenant tension

New independent cost information for Building Surveyors from BCIS will reduce Landlord and Tenant tension when dealing with Dilapidations.

June 2005
Housing Online BCIS has launched a new service, Housing Online, for all those interested specifically in housing costs. May 2005
New BCIS Website Invaluable new resource for surveyors May 2005
60k homes BCIS comments on the cost of homes for the Government 'Design for manufacture' competition May 2005

Free Software for Quantity Surveyors

BCIS has launched a new free software program - BCIS Analysis XML Writer.

February 2005

Cost guidance as part of your house survey

Surveyors can now provide advice to members of the public on the likely cost of repairs to residential properties.

October 2004

Sharp Increase in Tender Prices

The price of new construction work rose sharply in 2nd quarter 2004, according to the latest tender price index compiled by BCIS.

October 2004

Press release archive

BCIS in the press click here to view feature articles


Areas of expertise

Established in 1962, BCIS provides information, publications, research and consultancy services for the construction and property industries. BCIS covers capital, maintenance and occupancy costs.

We collate and analyse unique data submitted by subscribers and material from other relevant sources. The information is interpreted and made available to subscribers in a number of ways which brings the very latest BCIS information direct to desktops.

We also publish a range of publications and run a number of seminars to communicate the latest building cost information. A team of specialist consultants also manage a number of research projects and provide consultancy.

As well as producing information services and publications, we have been continuously engaged in consultancy and research projects for a variety of Government departments and commercial organisations.

Clients have included the BERR, the Office of the Deputy Prime Minister (ODPM), the Scottish Executive, Learning Skills Council, Association of British Insurers, the Housing Corporation, Yorkshire Water, the Brick Development Association and Rail Link Engineering. 

If you would like to receive regular press releases/updates or discuss possible feature articles please contact Claire Barratt: cbarratt@rics.org or T +44 (0)20 7334 3736.