WebMay 24, 2016 · State highway agencies typically use highway construction cost indexes (HCCIs) to understand the current market conditions. In the U.S. highway construction industry, the Federal... WebThe Federal Highway Administration’s National Highway Construction Cost Index, used by planners and policymakers to calculate the inflation of highway construction costs for items such as asphalt and machinery, has risen by 84 percent since 2003, far surpassing the general inflation rate of 33 percent during the same period.
Construction Economics Engineering News-Record
WebMar 25, 2024 · National Highway Construction Cost Index (NHCCI) This webpage provides a price index that can be used both to track price changes associated with highway construction costs, and to convert current dollar expenditures on highway construction to … Therefore, we cannot calculate the price index of highway construction as a whole … FHWA Home / Policy & Governmental Affairs / Transportation Policy Studies / … The base year index equals 100 and the index number is usually expressed as … WebThe cost indexes is based on quarterly data of bids opened in that quarter (but not necessarily awarded). Standard items tracked in this index include Roadway Excavation, Aggregate Base, AC, PCC (pavement), PCC (structural), Reinforcing Steel, … the paint shed opening times
Transportation Economic Trends: Value of Transportation - Construction Cost
WebJul 19, 2024 · According to the Index, highway construction costs nationwide grew by an estimated 68 percent over the last 13 years. Key highway components, as measured by … WebApr 19, 2024 · A highway construction cost index (HCCI) is an indicator of the purchasing power of a highway agency. Thus, it must reflect the actual construction market conditions. WebJul 19, 2024 · According to the Index, highway construction costs nationwide grew by an estimated 68 percent over the last 13 years. Key highway components, as measured by … the paint shed anderton