Hospital construction costs

Property Management

ISSN: 0263-7472

Article publication date: 1 October 2000

171

Keywords

Citation

(2000), "Hospital construction costs", Property Management, Vol. 18 No. 4. https://doi.org/10.1108/pm.2000.11318dab.018

Publisher

:

Emerald Group Publishing Limited

Copyright © 2000, MCB UP Limited


Hospital construction costs

Hospital construction costs

Keywords: Construction costs, NHS

The current average cost of building a general hospital is £954/m2 of gross internal floor area (GIFA), according to The BCIS Surveys of Tender Prices published by the Building Cost Information Service.

Figure 6 shows that, although the mean cost of general hospitals is £954/m2 GIFA, the cost can vary between approximately £370-£2,250/m2 GIFA based on 3rd quarter 1999 tender prices. This is just one example taken from the £/m2 study within the BCIS Surveys of Tender Prices which also includes information on:

  • percentage additions for preliminaries, nominated subcontractors and suppliers and dayworks;

  • functional price study;

  • pricing adjustment factors for location, size of contract, form of procurement, type of work, number of storeys and building type.

Figure 6. General hospitals, GP hospitals, cottage hospitals - generally

The £/m2 GIFA prices provide a means of preparing quick preliminary estimates of the cost of a proposed building for the client. They can subsequently be used as a benchmark for more detailed estimates at a later stage in the design process.

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