Scottish Social Housing Tender Price Index (SSHTPI) quarterly report: September 2024

Quarter 1 2024 to 2025 index

This is the Scottish Social Housing Tender Price Index Quarterly Report for September 2024.  Prepared by the Building Cost Information Service (BCIS) for the Scottish Government More Homes Division

Note – A pdf version of this report, and table for graph is available within supporting documents. 

Quarter 1 2024 to 2025 Index

• the quarters relate to the financial year, i.e., 1Q: April to June; 2Q: July to September; 3Q: October to December; 4Q: January to March
• there are insufficient projects to calculate an index for 1Q 2024 to 2025
• the SSHTPI for 4Q 2023 to 2024 increased by 2.6% from the previous quarter and declined by 2.7% compared with 4Q 2022 to 2023
• the SSHTPI has risen since 4Q 2023 to 2024, following two consecutive quarters of decline
• the index for 4Q 2023 to 2024 is based on a sample of 20 projects and may be subject to revision as more projects are included

Figure 1: Scottish Social Housing Tender Prices (SSHTPI:1985=100)

Source: Scottish Government