Construction costs steady.
Construction costs steady.
- 1999
- CSM 9(1) September 1999, 9(1) .
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.
BUILT ENVIRONMENT-BUILDING COSTS
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.
BUILT ENVIRONMENT-BUILDING COSTS