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/m2 GFA
130.00
110.00
90.00
70.00
1995 H1 1995 H2 1996 H1 1996 H2 1997 H1 1997 H2 1998 H1 1998 H2 1999 H1 1999 H2 2000 H1 2000 H2 2001 H1 2001 H2 2002 H1 2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1
The study, conducted by a team including Davis Langdon, Arup and MACE, considers two typical modern commercial developments (see table below). A range of steel, composite and concrete based frame solutions for both buildings were fully designed, costed and programmed, with prices current in June 2007. This independent study was rst carried out in 1993 and is the established industry standard. The building design and construction methods are regularly reviewed and updated to reect modern practice. The latest results are summarised below and more information can be found at www.corusconstruction.com/coststudy
Building A
2,600m2 ofce, Manchester
Frame and oor cost (/m2 GFA) Frame construction time (weeks) Overall building cost (/m2 GFA) Overall construction time (weeks)
Composite Slimdek (steel steel beam shallow oor and slab solution) 108 136 7 1187 42 6 1201 40
Long span cellular beams 133 6 1228 41 Long span cellular beams 149 13 1896 66
Building B
18,000m2 ofce, London
Frame and oor cost (/m2 GFA) Frame construction time (weeks) Overall building cost (/m2 GFA) Overall construction time (weeks)
Composite Slimdek (steel steel beam shallow oor and slab solution) 123 151 13 1881 67 13 1883 67
Reinforced Post tensioned concrete ribbed at slab concrete slab 182 194 18 1973 76 19 1951 76
The cost of a frame and oor is a relatively small part of the total cost of a development. However, the selection of a steel frame reduces timescales and has a benecial effect on other major variable cost items such as foundations, cladding and services, leading to signicant cost savings for the overall project.
Concrete framed
Steel sections
Reinforcement bar
When looking at the constructed component costs over the same period, it can be seen that the relative costs of re protection and metal decking have fallen in cost since 1995, which has helped maintain steels competitive position over concrete. Constructed component costs relative to ination
Structural steel
50 40 30 20
Insitu concrete
Fire protection
Metal decking
Placed reinforcement
1995 H1
1995 H2
1996 H1
1996 H2
1997 H1
1997 H2
1998 H1
1998 H2
1999 H1
1999 H2
2000 H1
2000 H2
2001 H1
2001 H2
2002 H1
2002 H2
2003 H1
2003 H2
2004 H1
2004 H2
2005 H1
2005 H2
2006 H1
2006 H2
2007 H1
Steel
10.0%
1980 1981 1982 1983 1984
Insitu concrete
1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
More information
For further detail please visit: www.corusconstruction.com/coststudy