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Building Cost Information Service

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BCIS
Founded1961
HeadquartersParliament Square, City of Westminster, London, England,
United Kingdom
Key people
James Fiske
Director
Websitewww.rics.org/bcis

The Building Cost Information Service (BCIS), provides cost and price data for the UK construction industry. It is a part of the Royal Institution of Chartered Surveyors (RICS).[1]

History

BCIS was set up in 1961 to provide the profession with cost information in elemental format and to promote the use of elements and of elemental cost planning. The BCIS "Standard Form of Cost Analysis" (SFCA) remained an industry staple, largely unchanged, until the late 2000s.[citation needed] In 2012 the "New Rules of Measurement" for cost management throughout the construction process were accompanied by a modernised version of the SFCA.[2]

The BCIS approach is the most popular costing method employed by quantity surveyors in the UK.[3]

References

  1. ^ Royal Institution of Chartered Surveyors. "BCIS overview". RICS. Retrieved 17 May 2017.
  2. ^ Earl, Stuart (23 March 2012). "The RICS' new rules of measurement". Building. Retrieved 17 May 2017.
  3. ^ Soutos, Michail; Lowe, David J. (2 August 2011). "Elemental cost estimating: current UK practice and procedure" (PDF). Journal of Financial Management of Property and Construction. 16 (2): 147–162. doi:10.1108/13664381111153123.