Building Safety Regulator charging scheme
The scheme, created under the Building Safety (Regulator’s Charges) Regulations 2023, will enable cost recovery, which is a key element of BSR’s funding. BSR will recover the costs for delivering its chargeable functions under the regulations in accordance with the BSR charging scheme. This also includes the recovery of costs incurred by a relevant authority or third party as they support the Regulator (BSR) in carrying out its functions.
The Hackitt Review recommended a cost recovery regime be developed to incentivise duty holders to do the right thing. The approach being taken is designed to ensure that:
- those incurring the greatest effort will pay the greatest amount, and the more compliant you are the less cost you should incur – meaning that costs are to a large extent in dutyholder’s own hands
- charges are made and recovered on a cost recovery basis only. BSR will therefore keep the charging model under review and charges can be adjusted as needed
- the regime is as transparent, fair, flexible and accountable as it can be
The higher-risk building sector includes significant hazard, risk, and issues of public concern. BSR will ensure the amount of regulatory effort and associated costs incurred by dutyholders reflects the risk profile and necessary regulatory intervention, and that the regime is proportionate and efficient.
Charges will remain as they are until the scheme is reviewed and replaced by a later published version. Any future changes to the charging scheme will be published at least seven days before they come into force.
Updates from the Building Safety Regulator
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