Rising tender prices
Series: RICS News ServiceV13 August 2004 (1)Publication details: 2004Subject(s): Summary: Tender prices for construction work are expected to rise significantly faster than inflation over the next five years, according to the latest "BCIS five year forecast". They are expected to rise by over one and a half times the rate of inflation over the next five years, rising by 21% against a background of 13% general inflation. Public investment is expected to be the main stimulus for growth over the next five years, with the private sector providing increased support in the later years of the forecast. http://www.rics.org/ricscms/bin/show?class=News&te mplate=/includes/shownews.html&id=9684&faculty=RIC S| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4032-03 (Browse shelf(Opens below)) | 1 | Available | 127097-1001 |
Tender prices for construction work are expected to rise significantly faster than inflation over the next five years, according to the latest "BCIS five year forecast". They are expected to rise by over one and a half times the rate of inflation over the next five years, rising by 21% against a background of 13% general inflation. Public investment is expected to be the main stimulus for growth over the next five years, with the private sector providing increased support in the later years of the forecast. http://www.rics.org/ricscms/bin/show?class=News&te mplate=/includes/shownews.html&id=9684&faculty=RIC S