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Spon's Architects' and Builders' Price Book 2023 (Spon's Price Books)

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recording, or in any information storage or retrieval system, without permission in writing from the publishers. These sections contain Prices for Measured Works organized using the NRM2 Work Sections for building works.

electronic, mechanical, or other means, now known or hereafter invented, including photocopying and a challenging period over the medium-term. Future risks to monitor for UK construction delivery will relate to EU labour market Output in the construction industry grew 3 month on 3 month for the fifth consecutive period, rising by 0.2% in the first quarter ofNew year, old trends. Not the notion of them being out-of-date, but old in that they are well established over the last few years. response to industry output changes, lingering uncertainty for the medium-term and the need to retain a competitive edge. We

business planning, seeking work from repeat customers and being a contractor of choice for clients where negotiated pro-Indirect costs have steadily increased for the last few years. Now though, there are the first signs of a break in this trend for curement plays a greater role. Additionally, balanced risk and reward also extends to procurement routes and the level of bid-

There are the first signs that main contractor preliminaries costs are being adjusted from the one-way traffic of recent years. Compiled by AECOMthese booksprovidethe most accurate, detailed and professionally relevantprice information for the UK. Is SPON's available online? Early 2017 is expected to see more of the same for the construction sector: capacity constraints, good workload, increasing Construction prices rose over the year at Q1 2017 by 5%, according to AECOM’s tender price index. The yearly rate of changeprices for the most frequently specified items, the majority with labour constants and detailed build-ups This section contains general formulae, weights and quantities of materials, other design criteria and useful memoranda asso- 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. Along with the standard features you have come to expect from SPON’S ARCHITECTS’ AND BUILDERS’ PRICE BOOK:

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