This unique handbook collects together a comprehensive and up-to-date range of indices measuring construction costs and price movements. The authors give guidance on the use of the data making this an essential aid to accurate estimating. It includes many examples how construction cost and price indices are compiled and how they can be used by the estimator in tender analysis, pricing and price adjustment, cost planning and forecasting.
Table of Contents
Preface. Acknowledgements. Abbreviations and acronyms. Introduction. Part A: Construction indices: uses and methodology. Uses of construction indices. Problems and methods of measurements. Part B: Currently compiled construction indices. Introduction. Output price indices. Tender price indices. DOE public sector building tender price index, 1975; PSA QSSD index of building tender prices, 1968; BCIS tender price indices, 1974; DOE road construction tender price indices, 1970; DOE price index of public sector housebuilding (PIPSH), 1964; Scottish Office housing tender price index, 1970; D L & E tender price index, 1966; Cost indices. BCIS building cost indices, 1971. Spon's cost indices. Building cost index, 1966; Mechanical services cost index, 1966; Electrical services cost index, 1966; Constructed civil engineering cost index, 1970; Constructed landscaping cost index, 1976; 'Building' housing costs index, 1973; Scottish Office building cost index, 1970; ABI/BCIS house rebuilding cost index, 1978; Association of Cost Engineers - erected plant cost indices, 1958; BMI maintenance cost indices, 1970; PSA APSAB cost indeices, 1970; Comparison and review of current indices. Part C: Historical construction indices. Introduction. Historical cost and price indices. Jones's selling price of building index, 1845-1922; Saville's selling price of building index, 1923-1939; Maiwald's indices of cost for building and other constuction, 1945-1938; Redern's indices of costs for building and works and for housing, 1839/1850-1953; CSO CCA index of costs for new building works, 1888-1956; Board of Inland Revenue (BIR) index of building costs, 1896-1956. Venning Hope cost of building index, 1914-1975; Banister Fletcher's index of the comparative cost of building, 1920-1939; BRS measured work index, London area, 1939-1969 Q2; DOE cost of new construction (CNC) index, 1949 Q1-1980 Q1. Comparison and reviw of historical indices. Bibliography. Appendices. Glossary. Index.
M. C. Fleming is Professor of Economics at Loughborough University.
B. A. Tysoe is a Chartered Quantity Surveyor and Estates Directorate at the Department of Health.