Price Adjustment Formulae Indices Online (PAFI) and BCIS Forecasts of PAFI

PAFI, sometimes known as Baxter, Nedo or Osborne Indices, is the most commonly used reimbursement mechanism for price fluctuation clauses in construction contracts. The formulae and the indices are widely used in the construction industry, including civil engineering and facility management. PAFI with BCIS Forecasts of PAFI, now available, is a 5-year forecast of inflation for labour, materials and plant at a granular level, i.e. individual work activities and resources. Buy now or request a free demo here.

Price Adjustment Formulae Indices Online (PAFI) and BCIS Forecasts of PAFI

£622.00 – £1,679.00 exc. VAT

PAFI, sometimes known as Baxter, Nedo or Osborne Indices, is the most commonly used reimbursement mechanism for price fluctuation clauses in construction contracts. The formulae and the indices are widely used in the construction industry, including civil engineering and facility management. PAFI with BCIS Forecasts of PAFI, now available, is a 5-year forecast of inflation for labour, materials and plant at a granular level, i.e. individual work activities and resources. Buy now or request a free demo here.

SKU: N/A Category: Tag:

If you are a company size of 50+, please contact us

IF YOU ALREADY HAVE PAFI AND WOULD LIKE TO PURCHASE THE FORECASTS, PLEASE CONTACT US
This price is for a 12 month subscription of BCIS Price Adjustment Formulae Indices (PAFI) and BCIS Forecasts of PAFI with a single licence. We will be in touch with your user name and password.
Terms and conditions apply.

 

Need more than just the indices? Find out more about BCIS Products

If you are a medium/large organisation, an educational establishment, need multiple licences or would like to see how the product works before you buy, you can request a demonstration. You can call us on +44 0330 341 1000, or email contactbcis@bcis.co.uk

Request a demonstration

PAFI:

  • Aid transparency between client and contractors, fairly distributing risk
  • Manage inflationary risk and offer increased cost certainty at the budgeting stage, procurement stage and final account
  • Get the best price to ensure smooth delivery of payments and projects
  • Reduce negotiation time by using ‘industry standard’ indices
  • Save time by reducing the complexity of contracts and frameworks
  • Monitor inflation by choosing from a basket of relevant indices
  • Gives you the option to obtain bespoke forecasting as a cost prediction
  • Helps you to pre-qualify costs at the tender stage if there is a ‘Inflation Adjustment clause’ in the contract

 

BCIS Forecasting for PAFI:

  • At a time of great volatility in construction costs movements, this product enhancement allows users to forecast and budget for their construction projects
  • Timesaving – a consultant’s own model could take days per month to maintain. The forecasting product will reduce this time
  • Offers flexibility and more accurate forward-planning, based on price adjustments that consider future variations
  • No matter where you are in the supply-chain, these essential forecasts will help you plan and control cash-flow
  • Forecasted inflation rates will also allow design teams to consider future costs in their design and specification choices
  • It allows users to understand future inflation at a time of great uncertainty
  • Monitor fixed priced contracts in your portfolio to reduce the risk of financial surprises.
  • PAFI  has over 200 indices in five index series (Building, Civil Engineering, Civil Engineering and Related Specialist Engineering, Specialist Engineering and Highways Maintenance), with the forecast having over 150 indices.
  • Select from the indices which reflect the nature of the project
  • Downloadable indices to use in your own system
  • Quantity Surveyors
  • Consultants
  • Sub-contractors – Tier 2 &3
  • Construction Economists
  • Contractors – Tier 1
  • Commercial managers
  • Estimator
  • Cost Manager
  • Procurement
  • Contractor QS
  • Financial controller
  • Financial directors
  • Price Adjustment Formulae Indices for Building
  • Price Adjustment Formulae Indices for Civil Engineering
  • Price Adjustment Formulae Indices for Civil Engineering and related Specialist Engineering
  •  Price Adjustment Formulae Indices for Highways Maintenance
  •  Price Adjustment Formulae Indices for Specialist Engineering

Related products

View all

BCIS Price Adjustment Formulae Indices Online (PAFI)

BCIS Price Adjustment Inflation Indices Online (PAFI) is the most commonly used reimbursement mechanism for price fluctuation clauses in construction contracts. PAFI, sometimes referred to as NEDO, Baxter or Osborne is a set of indices (over 200 of them) widely used in various sectors in the construction industry, including civil engineering contracts and facility management. Buy now or request a free demo here.
Find out more

BCIS Measured Term Contract Updating Percentages (MTC)

This tool may be used on a contractual basis for reimbursement of increased costs for the contracts let on all PSA Schedules of Rates or other forms of maintenance contracts as well as assisting in updating estimates. Buy now or request a free demo here.
Find out more