BCIS FM forecast expects maintenance costs to rise nearly 6% in 2023
Maintenance costs are expected to rise 5.7 per cent, in the year to the fourth quarter of 2023 and between 2.5 per cent and 3.1 per cent annually for the next four years, according to the Building Cost Information Service’s (BCIS) five-year Facilities Management forecast. Joe Martin, Lead Consultant at BCIS commented: “Overall, they’re…