000 01301cam a2200229 4500
001 WB3931-03
008 030821n2003 000 0 eng u
035 _a(Sirsi) u123327
245 _aDouble inflation tender price increase over next five years
260 _c2003
490 _aRICS News Service
_v20 August 2003 (1)
520 _aTender prices for construction work are expected to rise significantly faster than inflation over the next five years according to the Building Cost Information Service's (BCIS) latest five-year forecast, rising by 27% against a background of 13% general inflation. The public non-housing and infrastructure sectors will create the main stimulus for growth during the forecast period but the forecast is based on the prompt release of public funds and the government's commitment to construction expenditure. The "BCIS five year forecast" is available, priced £95 from BCIS, 3 Cadogan Gate, London SW1X 0AS, t +44 (0)20 7695 1500 or [email protected].
590 _aWB
650 _aPUBLIC NON-HOUSING
650 _aInfrastructure
_96246
650 _aTENDER PRICES
650 _aFORECAST
650 _aSURVEYS
690 _aBUILT ENVIRONMENT-BUILDING COSTS
856 _uhttps://www.rics.org/RICSWEB/getpage.aspx?p=JPph5yDyBE-rFlCV-vKa9A
942 _n0
999 _c73263
_d73263