So how bad was 2021 cost-wise?

[CharlieKLP]

On 05/02/2022 at 15:03, puntloos said:

So, we've gracefully exited 2021 now. Was wondering as the title says:

How much did build cost estimates go up over 2021? (e.g. tendering 'today' vs tendering 'last year', everything else being equal)

 

And are there any outliers? E.g. "wood went up 300%, while the rest of the prices are only 5% more"?

 

 

You’re actually spot on. Timber and engineered wood did go up 300%.

OSB was 75%

metalwork was 25%

mineral wool and other insulations about 22-35%

It’s still going up but slowing down for now. Expected to rise again in the next quarter of the year. 
 

Depending on where you buy your materials from, some companies have absorbed the costs somewhat and honoured quotes.

 

Edited May 23, 2022 by CharlieKLP

[puntloos]

FWIW my QS recons that the finalfinal tender quotes will come in today (Jun 2022) somewhere between 10 and 20% more compared to Jan 2021. I guess we should've tendered back then rather than now..  

[Indy]

On 02/06/2022 at 18:25, puntloos said:

FWIW my QS recons that the finalfinal tender quotes will come in today (Jun 2022) somewhere between 10 and 20% more compared to Jan 2021. I guess we should've tendered back then rather than now..  

 

Interested to hear what the outcome was, and how much of an actual uplift you saw compared to Jan 2021?