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Building Works Tender Price Index (BWTPI)
BUILDING WORKS TENDER PRICE INDEX(BWTPI)
[Based on tenders for new building works
(excluding building services works)
undertaken by Architectural Services Department]
BUILDING WORKS TENDER PRICE INDEX(BWTPI) Based on tenders for new building works (excluding building services works) undertaken by Architectural Services Department

Building Works Tender Price Index (BWTPI) is a quarterly index compiled by the Architectural Services Department as an aid to adjust building cost data for estimating purposes. It also provides an indication of the level of tender prices for new building works undertaken by the Architectural Services Department. The BWTPI does not reflect the level of tender prices for building services works. It is computed in a similar way to that used by the Royal Institution of Chartered Surveyors' Building Cost Information Service in the United Kingdom. The value in the first quarter of 1970 is taken to be the base index value of 100, and subsequent values are expressed in index form based on the first quarter 1970 value.

YEARBWTPI
Qtr 1Qtr 2Qtr 3Qtr 4
2018 1755      
2017 1779 1776 1773 1768
2016 1775 1776 1783 1781
2015 1732  1761  1777  1775
2014 1621  1648  1679  1703
For BWTPI published in earlier years, please click here
Driving Development, Preserving Heritage
Last revision date: 8 June 2018