Accredited official statistics

Construction resource cost indices notes and definitions

The Resource Cost Indices give a measure of the notional trend of input costs to a contractor in terms of increases in the cost of labour, materials…

• From: Department for Business, Innovation & Skills and The Rt Hon Dr Vince Cable
• Published: 17 December 2012

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Construction Resource Cost Indices Notes and Definitions

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The Resource Cost Indices give a measure of the notional trend of input costs to a contractor in terms of increases in the cost of labour, materials and plant by application of the Price Adjustment Formulae for Building (Series 3), Specialist Engineering (Series 3) and Civil Engineering (1990 Series) to cost models.

Published 17 December 2012