Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin

Exercise 9

A consulting engineering firm is preparing a preliminary cost estimate for a design/construct project of a brackish groundwater desalting plant.The firm, which completed a similar project in 2001 with a construction cost of $0 million, wants to use the ENR construction cost index to update the cost.Estimate the cost of construction for a similar- size plant in mid-2006 when the index value was 7700.