The social housing sector is experiencing large fluctuations in construction costs. To help understand and monitor this Beacon Partnership and Calfordseaden have set up a benchmarking subscription service for Local Authorities and Registered Providers. This anonymously collects and analyses members’ new-build tenders received each quarter and provides a report on works cost to the members.
Why use it?
Members get a quarterly report and a members’ meeting which will detail the construction cost experienced over the last 3 months across the capital. The data helps members to:
- Understand how their construction cost compares to other local providers
- Understand the average work cost per m2 for various building types
- Estimate construction costs on pipeline schemes
- See trends in construction costs over time as the subscription progresses
For further information or to sign up, please contact Steve Beard. You can give us a call on 020 3066 1061 or send an email to Steve.Beard@beaconpartnership.com