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The Building Cost Information Service (BCIS) provides cost and price data for the UK construction industry. Founded as part of the Royal Institution of Chartered Surveyors (RICS), it is now a standalone company.
| Founded | 1961 |
|---|---|
| Headquarters | Friars House, Coventry, England, United Kingdom |
Key people | James Fiske Director |
| Website | bcis.co.uk |
History
editBCIS 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.[1]
In 2022, the BCIS was spun out of RICS.[2]
The BCIS approach is the most popular costing method employed by quantity surveyors in the UK.[3]
References
edit- ^ Earl, Stuart (23 March 2012). "The RICS' new rules of measurement". Building. Retrieved 17 May 2017.
- ^ "BCIS secures backing from LDC". LDC. Retrieved 2023-10-03.
- ^ 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.