iTWO costX Supports Digital SPON’S Rate Library Data
RIB Software is pleased to announce that SPON’S cost data is now available to use in iTWO costX. In cooperation with global infrastructure consulting firm AECOM, who produce the UK-focused SPON’S price books using their industry-leading construction price data, iTWO costX users can now licence SPON’S libraries directly from RIB via a subscription agreement, making the rates available within the software for direct application into cost plans and automating future price updates.
Supported data includes all priced works and approximate rates from SPON’S Architects and Builders, Mechanical and Electrical, Civil and Highways and External Works and Landscaping books. This allows market-sourced labour, plant and material rates to be applied to iTWO costX estimates. The SPON’S price books, authored by AECOM, are regularly refreshed with data obtained from suppliers and market tenders. This information is cross-referenced against inflation measures produced by AECOM’s Construction Economics team and updated to incorporate new construction standards and techniques, ensuring it is always up to date to provide more accurate estimates for the UK construction industry.
“Having now been under our authorship for over 40 years, we are proud of the reputation these SPON’S books have gained within the industry. We’re delighted to see them taken to the next level by making the data available in the dynamic tools required by modern cost planning, ensuring they remain the go-to source for reliable benchmark information.” says Brian Smith, AECOM’s UK&I Head of Cost Management and Commercial.
“SPON’S is widely regarded as one of the de-facto authorities on construction costs so we are delighted to have been able to collaborate with AECOM to make this content available to our users. Here at RIB we are passionate about continuing to deliver value for our clients, and our SPON’S support is yet another reason why iTWO costX is the leading estimating solution for UK cost consultants.” notes Steve Dousie, RIB Software Managing Director EMEA.
Companies interested in licencing SPON’S libraries for use in iTWO costX can click here to submit an enquiry.
For other enquiries, please contact iTWO costX Sales via email at sales.gbr@rib-software.com.
About RIB Group
Driven by disruptive digital technologies and trends, RIB Software’s primary purpose is to propel the industry forward and make engineering and construction more efficient and sustainable.
Through their 60-year industry experience and truly global footprint of over 550,000 users and 2,700 talents, their vision is to transform their business into a global powerhouse providing innovative software solutions to their core markets – putting their customers at the heart of everything they do.
Managing the entire build lifecycle, from plan to construction, their powerful portfolio of software solutions are driven by industry expertise, experience and best practice. Their solutions connect people, processes, and data across the entire building lifecycle, helping customers complete projects on budget, on time and to quality, while reducing their carbon footprint.
RIB Software is a proud member of Schneider Electric.
About AECOM
AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.