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The BER Building Cost Index is a measure of the percentage change in average building costs in South Africa. It is based on an analysis of the tariffs (rates) in accepted tenders supplied by quantity surveyors (QS).
Unlike other input cost indices, the BER Building Cost Index reflects market conditions. It includes building contractors' profit margins in addition to builders’ input costs (labour, materials, plant, and fuel) and allowances for contingencies.
There is often a delay between the tendering and awarding of contracts. Estimates of future cost escalations can significantly reduce uncertainties when evaluating building contracts.
The benefits and costs of the Premium and Standard pakages are listed below. Sign up easily and pay by credit card to access key insights into your industry each quarter
Subscribers get a quarterly report which contains:
The historical BER BCI, along with a 5-year forecast (pre-tender escalation) - also in excel
A 5-year forecast of the Contract Price Adjustment Index (Haylett index) for workgroups 180 and 181 (post-tender escalation) – also in excel
The rates of the 27 representative items on which the BER BCI is based
* Members of the Association of South African Quantity Surveyors (ASAQS) are entitled to a 20% discount provided they subscribe through the ASAQS membership portal
In addition to that included in the Standard BER BCIS, premium subscribers also get:
The historical residential and non-residential BCI – in excel
The history and forecast for the components of the derived Haylett index namely, the consumer price index, building material inflation and plant and machinery equipment – in excel
Access to the BER's project BCI calculator (click here to view a video), a tool that will enable users to gauge their own project BCI by selecting weights appropriate to that project#
* Members of the Association of South African Quantity Surveyors (ASAQS) are entitled to a 20% discount provided they subscribe through the ASAQS membership portal
#The BER does not endorse any calculation generated by the project calculator. The BER BCI remains the official measure of output inflation in the building construction sector