Tender Price and Building Cost Indices

This page contains a chart and table of historic, current and forecasted UK tender price and building cost indices.

The indices given here are provided in good faith as an indicative guide only and should be used with understanding. You should also consider other sources of information. Costmodelling Limited cannot accept any liability for any work produced using these figures. You should always seek professional advice in producing costs for any construction project.

Please also be aware that some of these figures may change as more data becomes available, particularly the latter date figures when provisional data is superseded by more firm data.

The indices are based on Year 2000 = Index 100

• The current date is: 1st Quarter 2023

• The current tender price index is: 210
• The forecasted rise in tender price over the next 12 months is: 4.30% per annum

• The current building cost index is: 219
• The forecasted rise in building costs over the next 12 months is: 2.30% per annum

Tender Price Indices represent the price for which the contractor offers to carry out the project, i.e. cost to client.

Building Cost Indices represent the costs to the contractor in constructing the building. The principal incurred costs being those for labour and materials.