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Building Labour Cost Index

Building Labour Cost Index is an index number that measures the average wage rate changes of categorized building trade labor in comparison to a reference month.

Applications

Amongst primary applications of BLCI are:

To adjust wage rate variation in building trade labor according to the progress of works by building category involved for compensation or reimbursement in building construction contract.
As reference or yardstick to the fluctuation trend of building labour wage rate for building contractors to calculate their risks in tender pricing.
A reference to adjust previous cost estimate on building labor to current cost in regards to abandoned or deferred building projects
As a tool of reference to make judgement based on increased property prices
To gauge a reasonable property price increase/escalation in relation to variation in major building labor cost
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Category

The Building Labour Cost Index is categorized into following two main sections for Peninsular Malaysia (six regions), Sabah and Sarawak (three towns respectively):


View and download Building Labour Cost Index