The Building Cost Information Service (BCIS) has acquired price book business Griffiths & Hutchins Publications to expand its offering to the built environment industry. The takeover will boost BCIS’ efforts to support the market with construction costs and will also ...
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BCIS FM forecast expects maintenance costs to rise nearly 6% in 2023
Maintenance costs are expected to rise 5.7 per cent, in the year to the fourth quarter of 2023 and between 2.5 per cent and 3.1 per cent annually for the next four years, according to the Building Cost Information Service’s ...
Read More »Bleak picture for construction as stagflation reigns
The outlook for construction investment remains challenging, with little or no growth coupled with persistently high inflation creating stagflation, the Building Cost Information Service (BCIS) cautioned in its latest industry report. It found that the dramatic increases in costs of ...
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