International construction cost survey 2012

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UK – hourly cost of labour (including overheads) UK – major projects GBP Crossrail 14.5bn High Speed Railway 2 32.7bn London 2012 Olympics 2bn London Tideway Improvements 4bn Forth Replacement Crossing 1bn 2010 2011 2011 GBP GBP USD Group 1 tradesman – eg plumber, electrician 30 30 48 Group 2 tradesman – eg carpenter, bricklayer 30 30 48 Group 3 tradesman – eg carpet layer, tiler, plasterer 30 30 48 General labourer 18 18 29 Site foreman 45 46 74 UK – costs of materials Concrete 30 mpa (m 3 ) (1,500m 3 job) 85 83 133 Reinforcement bar 16mm (tonne) (120 tonne job) 700 744 1,193 Concrete block (400 x 200) per 1,000 (>10,000 block job) 1,050 1,071 1,717 Standard brick per 1,000 450 454 728 Structural steel beams (tonne) (>100 tonne job) 1,600 1,786 2,864 Glass pane 6mm (m 2 ) 30 31 50 Softwood timber for framing 100mm x 50mm (m) 2 2 3 Plasterboard 13mm (m 2 ) 5 5 8 Emulsion paint (litre) 2 2 3 Copper pipe 15mm (m) (>1,000m job) 1 1 2 Copper cable (m) (3C + E, 2.5mm PVC) (>100,000m job) 0.15 0.15 0.24 UK – key trades (excluding preliminaries and builders’ margins) Excavate basement (m 3 ) (1,800m 3 job) 45 43 69 Excavate footings (m) 12 12 19 Concrete in slab (m 3 ) (1,500m 3 job) 110 107 172 Reinforcement in beams (tonne) 950 1,010 1,619 Formwork to soffit of slab (m 2 ) 42 36 58 Blockwork in wall (m 2 ) (10,000 block job) 35 36 58 Structural steel beams (tonne) 1,900 2,120 3,399 Pre-cast concrete wall (m 2 ) 50 63 101 Curtain wall glazing incl support system (m 2 ) (1,000m 2 job) 550 570 914 Plasterboard 13mm thick to stud wall (m 2 ) (3,000m 2 job) 18 19 30 Single solid core door incl frame and hardware (no) (50 door job) 750 720 1,154 Painting to walls primer + 2 coats (m 2 ) 5 5 8 Ceramic tiling (m 2 ) (1,000m 2 job) 40 41 66 Vinyl flooring to wet areas (m 2 ) (500m 2 job) 25 24 38 Carpet medium tufted (m 2 ) (4,500m 2 job) 25 24 38 Lighting installation (m 2 ) (>5,000m 2 job) 65 67 107 Copper pipe 15mm to wall (m) (>1,000m job) 10 10 16 Fire sprinklers (per m 2 ) (5,000m 2 job) 30 31 50 Air conditioning incl main plant (m 2 ) (>5,000m 2 job) 160 166 266 making the difference 35 This document is in the public domain and is shared here by RSS Construction Projects Ltd - www.rssprojects.com
International construction cost survey 2012 US The outlook for 2012–13 is for continued slow to moderate growth and a likely return to pre-recession economic activity by 2014, subject to the European financial system not causing further setbacks. New York, Texas and Massachusetts are experiencing stronger construction growth, while Arizona, Nevada and Florida are much weaker. Construction costs should increase moderately in 2012 with labour up by two to four percent and materials up by four to eight percent. Gypsum-based products such as plasterboard are set to spike upwards in 2012. Residential is unlikely to recover in 2012 with the market still somewhat oversupplied, but markets and companies are consolidating, rightsizing, and setting up for a resumption of growth. Multi-unit residential, education, health and energy projects should lead the way. 36 Turner & Townsend US – international building costs per m2 of internal area 2008 2009 2010 2011 USD USD USD USD Residential Detached house – medium standard 1,570 1,475 1,435 1,495 Detached house – prestige 1,925 1,750 1,710 1,800 Townhouse – medium standard 1,475 1,330 1,300 1,350 Apartments – private medium density 1,420 1,590 1,520 1,600 Apartments – high rise 2,075 2,045 2,020 2,100 Aged care/affordable units Commercial 1,300 1,400 1,420 1,550 Offices – business park 1,600 1,905 1,850 1,885 CBD offices up to 20 floors – medium 2,215 2,150 2,085 2,140 CBD offices – prestige Warehouses 2,610 2,505 2,440 2,520 Warehouse/factory unit – basic 750 850 840 860 Large warehouse distribution centre 915 990 1,100 1,140 High-tech factory/laboratory Retail 1,520 1,615 1,700 1,785 Large shopping centre including mall 1,580 1,600 1,500 1,560 Neighbourhood including supermarket 860 900 840 910 Prestige car showroom Hotels 1,425 1,390 1,325 1,380 Three-star travellers 1,485 1,580 1,525 1,575 Five-star luxury 2,680 2,720 2,550 2,600 Resort style Hospitals 2,420 2,630 2,250 2,300 Day centre 1,645 1,765 2,045 2,055 Regional hospital 3,100 3,210 3,290 3,340 General hospital Schools 3,000 3,110 3,260 3,300 Primary and secondary 1,450 1,510 1,495 1,570 University Carparks 2,160 2,240 2,150 2,200 Multistorey – above ground 700 730 690 700 Multistorey – below ground Airports 1,325 1,395 1,295 1,315 Airport terminal 3,650 3,525 3,425 3,550 This document is in the public domain and is shared here by RSS Construction Projects Ltd - www.rssprojects.com
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International construction cost survey 2012

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