Building Safety Regulator: Operating Costs
To ask His Majesty's Government, further to the Written Answer by Baroness Anderson of Stoke-on-Trent on 10 April (HL6032), what estimate they have made of the annual cost of the Building Standards Regulatory Body.
Government answer
Currently building standards are regulated by the Building Safety Regulator. The annual net cost of Building Safety Regulator is expected to be £43m for 2025/26.
Government has accepted the recommendation made in the Grenfell Tower Inquiry’s Phase 2 report to create a ‘single construction regulator’ for the building system. Proposals for design of the future regulator will be published and consulted on later this year.