Building Cost Information Service
BCIS is the Building Cost Information Service of the Royal Institution of Chartered Surveyors (RICS). It is described by RICS as ‘the leading provider of cost and price information to the construction industry and anyone else who needs comprehensive, accurate and independent data.’
It was established in 1961 to facilitate the preparation of elemental cost plans, where an 'element' is defined as, ‘a major physical part of a building that fulfils a specific function or functions, irrespective of its design, specification or construction’.
Cost and price information is collected by BCIS from across the UK construction industry, then collated, analysed, modelled, interpreted and made available to the industry to facilitate accurate cost planning.
Information is made available online, by data licensing and through publications. It is broken down into five key areas:
- Preparing construction budgets.
- Preparing cost plans.
- Preparing insurance quotes.
- Carrying out options appraisals.
- Value engineering.
- Preparing performance specifications.
- Preparing maintenance budgets.
- Carrying out market research.
- Assessing price movements.
 Related articles on Designing Buildings Wiki
- BCIS elements.
- Cost planning.
- Elemental cost plan.
- International Construction Measurement Standards (ICMS).
- New Rules of Measurement.
- Quantity surveyor.
 External references
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