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RICS Prime Cost of Daywork rates breakdown - UK Construction Industry - From 6th April 2008

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RICS Prime Cost of Daywork rates breakdown - UK Construction Industry - From 6th April 2008 & 6th April 2009

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Cost data for the United Kingdom industry of Great Britain.

This is without double the one location on the internet to get up to the minute data that will answer your questions every time in order to provide you with a service that is second to none. We are the UK's number one when it comes to the solution offered by our online resource. http://www.constructionrates.co.uk/contents.html and www.tradelocator.co.uk simply the best providers of upto the minute data in Great Britain today. Do not miss out, buy our services today. Punch above your weight.

Key trends in Guide to data

Our series of cost indices track movements in the input costs of contractors work in various sectors, incorporating national wage agreements and changes in materials as measured by government index series. They provide an underlying indication of price changes and differential movements in the various work sectors, but do not reflect changes in market conditions affecting profit and overheads provisions, site wages, bonuses or materials’ price discounts/premiums. Market conditions are recorded in Construction Rates Quarterly Market Forecast (last published 27 May).

Building

Mechanical

Electrical

Consumer prices

Price adjustment formulae indices, compiled by the Department of Trade and Industry and Official of National Statistics, help calculate increased costs on fluctuating or variation-of priced work contracts. They provide useful guidance on cost changes in various sectors and on the differential movement of work sections in Construction Rates Price Books.

Over the past year, the average increase in the 60 building work categories has been 1.7%. But since July 2008, the average increase has been only 0.7%. This is largely because the last building wage award was at the end of June 2008, lifting the cost of labour by 6.9%. Since July 2008, 20 work categories have fallen:

Filling: imported, hardcore and granular –20.6%

Softwood carcassing and structural members –10.8%

Windows and doors: softwood –12.7%

Concrete: formwork –15.6%

Concrete: reinforcement –17.6%

Waterproofing: liquid applied coatings –29.9%

Prices for sand and gravel and crushed rock in particular fell during the second half of last year, but price rises have been introduced by quarrying operations since the turn of this year.

The highest increases have been:

Windows and doors: steel +2.3%

Metal: decking +1.0%

Pipes and accessories: steel +0.9%

Cladding and covering: coated steel +1.2%

Piling: steel +0.7%

Metal: miscellaneous +1.0%

Finishes: bitumen, resin and rubber latex flooring +0.9%

The highest cost increases have continued to be influenced by steel. However, it appears the rise in the value of steel in 2007 has largely passed its way into the supply chain. The index for steel windows and doors has not changed since January; the provisional figures for metal decking and coated steel cladding show a slight fall in April 2008.

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http://www.dti.gov.uk/sectors/construction/index.html

http://www.contractjournal.com/HOMEPAGE/ Article/151/45/10370/Interest%20Rates.html

http://stores.ebay.co.uk/Quality-Items-at-Quality-Prices_Category-14-Construction-Eq_W0QQcolZ4QQdirZ1QQfsubZ15QQftidZ2QQtZkm

http://www.constructionrates.co.uk/construction_specialists_prices_and_rates_cost.html

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