Sharp increase in tender prices
Sharp increase in tender prices
- 2004
- RICS News Service 29 October 2004 (2) .
The price of construction work rose sharply in the 2nd quarter of 2004, according to the latest "BCIS tender price index". Tender prices jumped by 7.0% compared to the previous quarter. New work output is expected to rise well ahead of trend in 2004 and 2005. This could be a reflection of anticipated strong upward pressure from input costs during firm price contract periods, particularly as a result of potential steel and oil price increases. For more information go to: http://www.bcis.co.uk.
TENDER PRICES
TENDER PRICE INDICES
TENDER FORECASTS
BCIS
The price of construction work rose sharply in the 2nd quarter of 2004, according to the latest "BCIS tender price index". Tender prices jumped by 7.0% compared to the previous quarter. New work output is expected to rise well ahead of trend in 2004 and 2005. This could be a reflection of anticipated strong upward pressure from input costs during firm price contract periods, particularly as a result of potential steel and oil price increases. For more information go to: http://www.bcis.co.uk.
TENDER PRICES
TENDER PRICE INDICES
TENDER FORECASTS
BCIS