- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 21 Sep 2020
Construction price and cost indices
The 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.
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 construction price and cost indices comprise of the following indices:
In July 2014, the government undertook 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.
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.
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.
 Find out more
 Related articles on Designing Buildings Wiki.
- BCIS elements.
- Bills of quantities.
- Construction statistics no longer designated as National Statistics.
- Contract sum.
- Contract sum analysis.
- Construction costs.
- Cost consultant.
- Cost control.
- Initial cost appraisals.
- New Rules of Measurement.
- Pre-tender estimate.
- Spon's Price Book.
- Tender pricing document.
- Whole-life costs.
 External references
Featured articles and news
An overview of the current state of the market.
Organisation offers best practices for construction and modification.
Heritage on the edge?
Prioritising tax considerations.
The four D creative process: discover, define, develop and deliver.
National Cyber Security Centre initiative is announced.
Reviewing trends and projections.
Legislation will establish initiatives to move towards net zero.
How to document contractor employment status.
Tech tools to help manage people and space post-pandemic.
A style that ranges from mock Tudor to arts and crafts to the 'Wrenaissance'.
Free guide from Secured by Design.
BREEAM strategy for sustainability and the circular economy.
Free tool to improve the construction programming process.