2. 11.15 A consulting engineering firm wants to make a preliminary cost estimate for the design/construct of
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2. 11.15 A consulting engineering firm wants to make a preliminary cost estimate for the design/construct of an e-commerce warehouse facility in the south of the country. The firm completed a similar project in 2012 that had a construction cost of $68 million, and it wants to use the ENR Construction Cost Index (CCI) to update the cost. If the index value in 2012 was 8802 and today it is 11,981, determine the estimated cost of the facility today. (Note: CCI values may be different on its website.)
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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