Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 12

A consulting engineering firm is preparing a preliminary cost estimate for a design-construct project of a coal processing plant. The firm, which completed a similar project in 2001 with a construction cost of $30 million, wants to use the ENR construction cost index to update the cost. Use the values in Table 15-3 to estimate the cost of construction for a similar-size plant in mid-2010.