Building Price Index

What is the BPI (Building Price Index)?

The building price index is a statistical based method of measuring building price movements over time for the purpose of updating non-residential building construction budgets.

It is a composite index with weighted factors on an industry wide basis. As such it does not relate to specific building type whether by function (school, hospital etc.) or by construction (reinforced concrete frame, steel frame brickwork etc.)

Generally speaking this is not a significant limitation, since the individual and overall weightings applied lessen the effects of significant specific movements. However, if necessary auxiliary indices could be created for projects with special circumstances e.g. a project with a high engineering services content, or even a high building plant content.

December Quarter 2012
Bulletin 154

username
password

This information system is maintained by the State of NSW. Use of these systems or the data contained therein without the authority of the State of NSW or in excess of any authority granted by the State, such as access through use of another's login and/or password, is expressly prohibited. For site security purposes the State constantly monitors access to all its systems. Unauthorised attempts to access or modify information may result in breaches of the legislation for which penalties apply.