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Construction costs steady.

Series: CSM ; 9(1) September 1999, 9(1)Publication details: 1999Subject(s): Summary: The latest Tender Price Index from the Building Cost Information Service (BCIS) suggests that tender prices rose by only 0.7% in the first quarter of 1999, and the cost of materials has fallen by 1.2% over the last year. Although these figures reflect the uncertainty in the construction market, a rise in demand for construction work is anticipated.
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News article London News article WB3538-05 (Browse shelf(Opens below)) 1 Available 102799-1001

The latest Tender Price Index from the Building Cost Information Service (BCIS) suggests that tender prices rose by only 0.7% in the first quarter of 1999, and the cost of materials has fallen by 1.2% over the last year. Although these figures reflect the uncertainty in the construction market, a rise in demand for construction work is anticipated.