Sharp increase in tender prices
Series: RICS News Service ; 29 October 2004 (2)Publication details: 2004Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4041-02 (Browse shelf(Opens below)) | 1 | Available | 127881-1001 |
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.