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About Construction Cost Indices
Construction cost indices are useful tools for comparing plant construction costs over time and improving the accuracy of cost estimates. The Chemical Engineering Plant Cost Index (CEPCI) is a composite index made up of four sub-indices tracking the costs of equipment, construction labor, buildings, and engineering/supervision. The CEPCI and its sub-indices have risen steadily over the past 37 years. Location factors can translate costs between regions but require an understanding of what each factor represents as they may not fully capture industry or site-specific conditions.
Detailed Information
| Author: | ['Wade Coleman'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 1 |
| Language: | English |
| Format: | |
| Price: | FREE |
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