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Price & Cost Indices & Key Performance Indicators

The Role of the Branch

The Branch calculates and publishes

tender price indices, output price indices and resource cost indices;

formulae price adjustment indices and measured term contract updating percentages;

construction industry key performance indicators and departmental indicators. 

Publications:

Monthly Bulletin of Indices (ISSN 0964-4575)

The Monthly Bulletin of Indices is used in conjunction with the formulae price adjustment method of adjusting building and civil and specialist engineering contracts to allow for changes in the cost of labour, plant and materials. They are familiarly known as NEDO Indices, Baxter Indices or Osborne Indices and are widely used primarily on variation of price contracts.

Available from Tudorseed Ltd Unit 3, Ripon House, 35 Station Lane, Hornchurch, Essex, RM12 6JL. Tel.01708 444678. Price £15.50 (single copies) or £123 (annual subscription).

Updating Percentages (ISSN 1353-1832)

The monthly Updating Percentages may be used as a contractual basis for the reimbursement of increased costs on measured term contracts let on all PSA Schedules of Rates or other forms of maintenance contracts as well as assisting in updating estimates.

Available from Tudorseed Ltd, Unit 3, Ripon House, 35 Station Lane, Hornchurch, Essex, RM12 6JL. Tel. 01708 444678.  Price £10.50 (single copies) or £72 (annual subscription).

Quarterly Building Price & Cost Indices (ISSN 1353-1824)

The Quarterly Price and Cost Indices is a basic 'tool of trade' to anyone involved in estimating, cost checking and fee negotiation on public sector construction works. It includes tender price indices, output price indices, resource cost indices, direct labour output deflators, location and function studies, for  indices with an example forecast of variation of price calculation and relational graphs.

Available from Tudorseed Ltd, Unit 3, Ripon House, 35 Station Lane, Hornchurch, Essex, RM12 6JL. Tel. 01708 444678.  Price £20.50 (single copies) or £72 (annual subscription).

Construction Industry Key Performance Indicator Pack

The key performance indicators provide a benchmark against which a project or a company performance can be measured.

Construction Statistics Annual 2002 Edition

This publication amalgamates all the construction statistics produced by DTI with construction statistics attained from other Government departments, local authorities, trade associations and the private sector. The Constructions Statistics Annual is available online using the link above or in hard copy from The Stationary Office; telephone 0870 600 5522. Price £45.

The KPI Report for the Minister for Construction

Construction Statistics & Economics Home Page

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Updated on 28/03/03