BCIS reports tender price inflation of 0.5 per cent

Tender Prices Rise in Q2 2025 - Roofing Today

TENDER PRICES increased by an estimated average of 0.5% between Q1 2025 and Q2 2025, resulting in annual growth of 2.3% in the BCIS All-in Tender Price Index. This is down from a peak of 10.3% observed in Q2 2022, according to the latest report from the Building Cost Information Service (BCIS). Dr David Crosthwaite, BCIS Chief Economist BCIS Chief Economist Dr David Crosthwaite comments: “The panel described a much cooler market in the second qu…

BCIS reports tender price inflation of 0.5 per cent

The latest data from the Building Cost Information Service (BCIS) shows tender prices increased by an estimated average of 0.5 per cent between 1Q2025 and 2Q2025 The increase resulted in 2.3 per cent annual growth in the BCIS All-in Tender Price Index, the same as BCIS reported in the first quarter of 2025, down from a peak of 10.3 per cent observed in 2Q2022. BCIS Chief Economist Dr David Crosthwaite said: “The panel described a much cooler mar…