- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 07 Feb 2018
Construction price and cost indices
To help develop this article, click 'Edit this article' above
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.
See BCIS for more information.
 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
Everything you need to know about acoustics in under 800 words.
Check out our list of the 90 most unusual buildings of all time.
The government is to set a personal consumption target to reduce water use.
BSRIA calls for more education to promote fuels that are fit to burn.
Michael Gove admits air pollution is making people ill and shortening lives.
BRE call for a clearer, focused drive for the delivery of sustainable, quality developments.
Proposals for a 140m high observation wheel next to the Tyne.
Consistently one of our most popular articles - so just how much do you know about BoQ's?
Significant updates encourage whole building life cycle assessment and recognise products with Environmental Product Declarations.
Gustavo Giovannoni’s role in integrating modern planning requirements into historic town centres.