- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 13 Mar 2019
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.
 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
Free BRE Trust publication summarises the issues faced, current regulations, standards and guidance.
New BSRIA guide provides a structured approach for identifying and achieving success criteria.
People, traffic and historic townscapes.
A remote plateau in Bulgaria has been the focus of international preservation efforts.
Dynamo packages data ready for Revit.
How does EVA rate a project's progress?
How can it benefit the built environment?
The benefits of early contractor involvement.
Why it is so important for health and wellbeing.
A highly effective method of managing supply chains.
How it can benefit construction.