Tender prices to rise by a third

摘要

Civil engineering costs and tender prices are continuing to rise as the UK infrastructure market strengthens. According to the latest report by RICS' Building Cost Information Service (BCIS), tender prices are forecast to rise by nearly a third in the next five years. The report, BCIS Infrastructure Briefing October 2015, said civil engineering costs rose by 0.7% in the second quarter of 2015 compared with the previous quarter, but remained unchanged compared with the same period last year. However, these costs are expected over the coming five years along with tender prices and new infrastructure output as a whole.