Construction cost inflation is at its highest level for decades. Global supply chains have been tested to the max as coronavirus and the war in Ukraine disrupted materials supply and raised energy costs, at a time when UK trade policy was in the midst of significant change. It’s been a perfect inflationary storm and prices of some materials have soared. AECOM’s overall building cost index has reached record highs. Demand is currently holding up but project viability is coming under increasing pressure and headwinds are strengthening. SPON’S ARCHITECTS’ AND BUILDERS’ PRICE BOOK 2023, compiled by AECOM, still provides the most accurate, detailed and professionally relevant construction price information for the UK. Its unique Tender Index, updated through the year (2015 = 100), gives an ongoing reality check and allows you to adjust for changing market conditions. Although it suits a wide range of project sizes, this is the only price book which sets out a detailed cost base for contracts exceeding GBP4, 000, 000 in value. Use the access code inside the front cover of the book to get set up with an ebook of this 2023 edition on the Vital Source(R) Bookshelf platform, available for access and use until the end of December 2023.As well as the most wide-ranging market testing exercise since the war elevated inflationary pressure, the following new items have been added: An update on the exceptional market conditions currently faced A discussion about recent changes to building regulations for non-domestic buildings Along with the standard features you have come to expect from SPON’S ARCHITECTS’ AND BUILDERS’ PRICE BOOK: 20, 000 prices for the most frequently specified items, the majority with labour constants and detailed build-ups Hundreds of alternative materials prices for the more unusual items Detailed guidance on wage rates, daywork, cost limits and allowances, property insurance and professional fees, plus useful formulae, design criteria and trade association addresses Updates free of charge – see inside for registration details. Updates are available online at www.pricebooks.co.uk
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