The strength of BCIS database is the range of projects available, which relies on the support of our subscribers, the profession and the industry. The more and varied project data we receive, the more robust our data, affording you a greater spread of projects to benchmark against.

In return for submitting project cost data, you will receive a benchmark report that allows you to compare the performance of your project against other similar projects.

Send your data in 3 easy steps:

Step 1

Where your contract document provides unit rates and associated quantities (e.g., Bill of Quantities) we can calculate a project tender price index and include it in our calculations for the All-In TPI.

If you are unable to provide this level of detail you may be able to provide a high-level construction cost per m2 for accepted tenders, preferably broken down into elements or sub-elements, i.e., substructure, superstructure, finishes etc. This can be used to update our average building price studies and we will provide you with a benchmark report.

The information can be obtained from, but is not limited to, the following priced documents:

• Bills of quantities
• Contract sum analyses
• Quantified activity schedules
• Target cost summaries
• Target cost build-ups
• Quantified schedules of works
• Framework packages
• Benchmarking studies
• Operation and maintenance expenditures

Step 2

Please include:

• Floor area – gross internal floor area (m2)
• Date – on which the costs were agreed
• Location – where the project is located

Step 3

It doesn’t matter what format you send your data in, as we will standardise it during analysis. We can advise and help you to send your projects to us. If you have any questions, we’re happy to help. Please email us at data@bcis.co.uk.

What you get in return

Your own benchmark report

• Key findings in relation to construction costs and group elements are summarised
• Analysis on functional costs is provided, where applicable
• Insights into simulations that BCIS has modelled, allowing us to estimate the cost impact of adjusting the base date and region
• An estimate of the life cycle cost for operating and maintaining your facility for 30 years, and how contract duration compares to similar projects.

It will help you to:

• make smart strategic decisions and demonstrate value for money.
• facilitate best practice through data standardisation and industry-compliance.
• provide added value with insight on life cycle costs, contract duration, inflation and regional variation.
• demonstrate you are benchmarking your data against an independent source, mitigating any costly risks.