Capital cost benchmarking

Property Management

ISSN: 0263-7472

Article publication date: 1 May 2000

Citation

(2000), "Capital cost benchmarking", Property Management, Vol. 18 No. 2. https://doi.org/10.1108/pm.2000.11318bab.017

Publisher

:

Emerald Group Publishing Limited

Copyright © 2000, MCB UP Limited


Capital cost benchmarking

To deliver measurable improvement in the construction industry, a reliable source of comparative cost information is essential. To assist in the proccss. BCIS has made availablc details of the cost of approximately 500 building projects analysed by BCIS over the last two years.

The projects analysed range from a £39,000, 53m2 tennis club house in South Bedfordshire to a £25m, 17905m2 refrigerated distribution wardhouse in Birmingham, reflecting the huge scope of building schemes in which BCIS subscribers are involved.

The publication provides £/m2 data on recent projects grouped by type of building, thereby giving an indication of current costs. Furthermore, to facilitate easier comparison of project prices, the £/m2 rates are also given at 1995 constant prices.

The study also indicates where further details are available within the BCIS Bulletin Service or on BCIS Online. The BCIS Study of Project Prices is a supplement published as part of the BCIS subscription service or is available separately, priced £75.00, from BCIS Ltd., 12 Great George Street. Parliament Square, London SWIP 3AD., Tel: 0171 222 7000; fax: 0171 695 1501.