Using 1913 as the base year with a value of 100, the ENR construction cost index (CCI)

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Using 1913 as the base year with a value of 100, the ENR construction cost index (CCI) for August 2009 was 8563.35. For August 2010, the CCI value was 8837.38.

(a) What was the inflation rate for construction for that 1-year period?

(b) What will be the CCI value in August 2013 provided the inflation rate remains the same as it was in the 2009-2010 period?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 06:28 AM

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Using 1913 as the base year with a value of 100, the ENR construction cost index (CCI)

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Engineering economy

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