Planning a building project that will move into construction in 2017 or beyond?
ICI’s cost escalation advice can help.
The ICI estimating team, led by Marc Poskin; studies economic trends, material costs and labor rates to develop a prediction on the percentage of change in cost escalation from year to year.
Read Marc’s article and learn:
- His opinion on the 2017 escalation rate
- Why cost escalation is an essential element to an accurate project budget
- How the escalation prediction is developed