Construction price and cost indices - Revision history

Designing Buildings at 08:54, 11 October 2022

2022-10-11T08:54:40Z

← Older revision		Revision as of 08:54, 11 October 2022
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−	~~= Introduction =~~	+	Indices that measure changes in costs or prices include:

−	~~The [https://www~~.~~gov.uk/government/organisations/department-for-business-innovation-skills Department for Business, Innovation and Skills] publish quarterly construction~~ price ~~and~~ cost indices ~~which are used for estimating,~~ cost ~~checking and fee negotiations on public sector construction projects~~.	+	* Retail prices index (RPI)
		+	* Consumer prices index (CPI).
		+	* Tender price indices (TPI).
		+	* Resource cost indices (RCI).
		+	* Output cost indices.

−	The ~~collection of data~~ and ~~calculation of~~ indices ~~is currently (2015) let to AECOM~~ and ~~there is also a requirement to develop and improve the indices methodology~~.	+	The Department for Business, Energy & Industrial Strategy publish construction price and cost indices which are used for estimating, cost checking and fee negotiations on public sector construction projects.

−	The ~~construction price and cost indices comprise~~ of ~~the following indices:~~	+	The Office of National Statistics also publish implied output price indicators.

−	* Tender prices.	+	Private sector organisations such as the Building Cost Information Service (BCIS) publish cost and price information to the construction industry to help estimate the likely cost of construction works.
−	* Resource costs.	+
−	* Output prices.	+
−		+
−	~~= Consultation =~~	+
−		+
−	In July 2014, the government undertook [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/374528/PCI_methodology_consultation_response_final.pdf consultation] on a proposed new methodology for calculating construction price and cost indices. The new methodology is anticipated to provide indices which more accurately reflect the price of construction work. The original publication date of December 2014 has been pushed back and a revised date will be released.	+
−		+
−	~~= Availability =~~	+
−		+
−	The Office of National Statistics [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 publish] implied output price indicators on a quarterly basis.	+
−		+
−	NB: In a letter from Ed Humpherson, Director General for Regulation at the UK Statistics Authority, to John Pullinger, National Statistician, on 11 December 2014, it was made clear that UK statistics for Construction Output and New Orders can no longer be designated as National Statistics. See Construction statistics no longer designated as National Statistics for more information.	+
−		+
−	~~= BCIS =~~	+
−		+
−	Private sector organisations such as the Building Cost Information Service (BCIS) ~~also provide~~ cost and price information to the construction industry to help estimate the likely cost of construction works.	+
−		+
−	~~See BCIS for more information~~.	+

	= Related articles on Designing Buildings =		= Related articles on Designing Buildings =
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	* Tender pricing document.		* Tender pricing document.
	* Whole-life costs.		* Whole-life costs.
−
−	~~= External references =~~
−
−	* [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/374528/PCI_methodology_consultation_response_final.pdf Construction price and cost indices consultation].
−	* [https://www.gov.uk/government/organisations/department-for-business-innovation-skills Department for Business, Innovation and Skills].
−	* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]
−	* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:Cost_/_business_planning]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:Cost_/_business_planning]]

Designing Buildings at 08:59, 25 March 2022

2022-03-25T08:59:51Z

← Older revision		Revision as of 08:59, 25 March 2022
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	See BCIS for more information.		See BCIS for more information.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings =
−		+
−	=== Related articles on Designing Buildings ~~Wiki. ==~~=	+

	* BCIS.		* BCIS.
	* BCIS elements.		* BCIS elements.
	* Bills of quantities.		* Bills of quantities.
		+	* Building volume or area method.
	* Construction statistics no longer designated as National Statistics.		* Construction statistics no longer designated as National Statistics.
	* Contract sum.		* Contract sum.
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	* Whole-life costs.		* Whole-life costs.

−	=== External references ===	+	= External references =

	* [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/374528/PCI_methodology_consultation_response_final.pdf Construction price and cost indices consultation].		* [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/374528/PCI_methodology_consultation_response_final.pdf Construction price and cost indices consultation].

Designing Buildings at 08:21, 21 September 2020

2020-09-21T08:21:13Z

← Older revision		Revision as of 08:21, 21 September 2020
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	* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].		* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].

−	[[Category:~~Articles_needing_more_work~~]] [[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:Cost_/_business_planning]]

Designing Buildings: Reverted edits by 77.247.181.163 (talk) to last revision by Editor

2019-11-19T08:28:47Z

Reverted edits by 77.247.181.163 (talk) to last revision by Editor

← Older revision		Revision as of 08:28, 19 November 2019
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	* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]		* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]
	* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].		* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].
−	* [https://www.projectcubicle.com/cost-benefit-analysis-example/ Cost Benefit Analysis Example]

	[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]		[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]

77.247.181.163 at 06:07, 19 November 2019

2019-11-19T06:07:33Z

← Older revision		Revision as of 06:07, 19 November 2019
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	* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]		* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]
	* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].		* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].
		+	* [https://www.projectcubicle.com/cost-benefit-analysis-example/ Cost Benefit Analysis Example]

	[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]		[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]

Editor: Reverted edits by 51.15.80.14 (talk) to last revision by Designing Buildings

2019-11-15T09:11:36Z

Reverted edits by 51.15.80.14 (talk) to last revision by Designing Buildings

← Older revision		Revision as of 09:11, 15 November 2019
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	* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]		* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]
	* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].		* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].
−	* [https://www.projectcubicle.com/cost-benefit-analysis-example/ Cost Benefit Analysis Example]

	[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]		[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]

51.15.80.14 at 07:54, 15 November 2019

2019-11-15T07:54:40Z

← Older revision		Revision as of 07:54, 15 November 2019
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	* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]		* [http://www.legislation.gov.uk/ukpga/2009/20/contents Local Democracy Economic Development Act 2009]
	* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].		* [https://www.gov.uk/government/statistics/bis-quarterly-construction-price-and-cost-indices-july-to-september-2014 Quarterly construction price cost indices].
		+	* [https://www.projectcubicle.com/cost-benefit-analysis-example/ Cost Benefit Analysis Example]

	[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]		[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]]

Designing Buildings at 09:18, 9 September 2019

2019-09-09T09:18:41Z

← Older revision		Revision as of 09:18, 9 September 2019
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−	~~To help develop this article, click 'Edit this article' above~~
−
	= Introduction =		= Introduction =

Designing Buildings: Reverted edits by 212.219.235.250 (talk) to last revision by Editor

2019-03-13T20:56:06Z

Reverted edits by 212.219.235.250 (talk) to last revision by Editor

← Older revision		Revision as of 20:56, 13 March 2019
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	=== Related articles on Designing Buildings Wiki. ===		=== Related articles on Designing Buildings Wiki. ===

−	* BCIS. ~~biscuits~~	+	* BCIS.
	* BCIS elements.		* BCIS elements.
	* Bills of quantities.		* Bills of quantities.

212.219.235.250 at 14:54, 13 March 2019

2019-03-13T14:54:16Z

← Older revision		Revision as of 14:54, 13 March 2019
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	=== Related articles on Designing Buildings Wiki. ===		=== Related articles on Designing Buildings Wiki. ===

−	* BCIS.	+	* BCIS. biscuits
	* BCIS elements.		* BCIS elements.
	* Bills of quantities.		* Bills of quantities.