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The Building Services Tender Price Index (BSTPI)
BUILDING SERVICES TENDER PRICE INDEX (BSTPI)
[Based on information in tenders for new building works
undertaken by Architectural Services Department]
BUILDING SERVICES TENDER PRICE INDEX (BSTPI) Based on information in tenders for new building works undertaken by Architectural Services Department

1. The Building Services Tender Price Index (BSTPI) reflects the tender prices for building services installations in new building works undertaken by the Architectural Services Department. It complements the Building Works Tender Price Index for new building works undertaken by Architectural Services Department (BWTPI) which excludes building services works. It was first compiled in the 4th quarter of 1989 and the value for the 4th quarter of 1989 was taken as the base index of 100. Subsequent values are expressed in index form based on the 4th quarter 1989 value. The BSTPI is calculated in a manner similar to the BWTPI. The index value of a quarter is compiled based on a base schedule of items and according to the tendered rates of the items in that quarter.

2. Since the 1st quarter of 1999, the BSTPI figures had been compiled using a revised base schedule of items (1998 base) and with conversion to the common base index 100 at 1989. The index figures as from the 1st quarter of 2009 were compiled using the revised base schedule (2007 base) of items and with conversion to the common base index 100 at 1989.

3. From the 2nd quarter of 2015 onwards, the index figures are compiled using a new base schedule (2012 base) of items which is formulated with reference to the contracts awarded from 3rd quarter of 2009 to 2nd quarter of 2012 and with conversion to the common base index 100 at 1989. The BSTPIs (figures with #) compiled using the new base schedule (2012 base) from the 1st quarter of 2013 to the 2nd quarter of 2014 are also shown for reference.

YEARBSTPI (2012 base schedule)
Qtr 1Qtr 2Qtr 3Qtr 4
2018 Not Applicable 258 247 233
2017 208 210  Not Applicable 287
2016 257 236 257 249
2015 Not Applicable 189 225 196
2014 192# 175# Not Applicable Not Applicable
2013 193# 233# 209# 207#
 
 
YEARBSTPI (2007 base schedule)
Qtr 1Qtr 2Qtr 3Qtr 4
2015 Not Applicable  200    
2014 211 178 Not Applicable Not Applicable
2013 193 230 215 219
2012 149 200 281 203
2011 149 162 187 175
2010 130 135 143 148
2009 128 134 129 133
2008 148* 163* 170* 145*
* The BSTPIs for 2008 are shown for reference.
 
 
YEARBSTPI (1998 base schedule)
Qtr 1Qtr 2Qtr 3Qtr 4
2009 158 190 185 180
2008 148 170 190 183
2007 124 120 127 147
2006 116 119 124 122
2005 112 110 114 113
2004 109 113 113 112
2003 107 110 111 111
2002 103 101 104 102
2001 115 116 113 106
2000 122 120 107 112
1999 117 118 127 114

 

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Last revision date: 26 April 2019