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Cost model: Evaluating the construction cost impact of the Building Safety Act
The implications of the legislation, a look at real-world applications, and a notional model for cost increases on a higher-risk building
Market forecast: Materials prices and margins are both set to come under pressure
Rising materials prices could cause capacity pinch-points. And where spare capacity exists, intense competition could put margins under greater pressure. Brian Smith of Aecom reports
Market forecast: Why prices for goods and services are still set for further increases
Construction output is falling steadily as high interest rates sap demand, though repair and maintenance is propping up the sector. Despite materials costs rising less rapidly, tender prices are still on the up
Market forecast: Why firms will feel the pressure in 2024
As we head into the new year, input costs are levelling off – in terms of materials at least – but as new orders become patchier, market competition is rising
Market forecast: Why margin compression remains a concern
Against a poor economic backdrop, construction output is holding up in every sub-sector except housing. However there are still reasons to be worried.
Market forecast: Why tender prices are likely to continue rising despite cost inflation easing
The ongoing economic backdrop of elevated interest rates is increasingly impacting construction
Market forecast: Heading for a fall?
Construction output has been on the up, but can this continue in the face of economic uncertainty? Housebuilding in particular looks set for a fall
Market forecast: Weathering the storm
The UK is now clearly heading into recession but strong momentum in construction output should help to insulate our sector, despite only slightly slowing cost pressures
Market forecast: Upward but uneven
As building costs soar, yearly tender price increases are close to double figures – but that should slow next year. And while construction output is still rising overall, there is greater fragmentation
Market forecast: Into the headwinds
Output has recovered almost to pre-pandemic levels, but optimism is falling in the face of inflation, recruitment challenges and red tape
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Cost model: Evaluating the construction cost impact of the Building Safety Act
The implications of the legislation, a look at real-world applications, and a notional model for cost increases on a higher-risk building
Cost model: How construction can meet the data centre challenge
With the demand for data storage soaring, the construction industry must find ways to rise to this challenge efficiently and sustainably, against a background of land and energy scarcity
International cost comparison 2024
What are the latest trends in international construction costs as we move into what is likely to be a pivotal moment in the recovery of the sector globally?
Cost model: Evolving the design and build of community diagnostic centres
The rollout of these centres is intended to cut long elective care waiting lists, provide value for taxpayers and decarbonise the NHS, but achieving all three is a challenge
Could this be the year of construction management?
John Setra of construction management specialists K2CM argues for an alternative to the design and build method of procuring substantial projects
Cost model: Making sports stadiums fit for purpose
Today’s sports stadiums face new challenges and require redeveloping for audiences in a diverse and sustainable way. Will Goring of Turner & Townsend Alinea and Philip Johnson of Populous outline the issues.
Cost model: Delivering sustainable hotels
Hotels are competing as somewhere to stay and as places to see and be seen. Delivering sustainable, health-conscious and imaginatively designed spaces is the challenge
Cost comparison: Tower construction in Toronto and London
T&T Alinea compare recent high-rise history in two global cities whose skylines have undergone dramatic change, including the costs of a typical tall office building in each
Cost model: Low-carbon office developments – new-build vs refurbishment
Multiple pathways are emerging to support the development of low-carbon offices, whether through new-build or, increasingly, reuse and adaptation