Price Trends for Federal-Aid Highway Construction: 1987 Base, First Quarter 1998
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1998-01-01
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Alternative Title:Three-Quarter Moving Index Price Trend
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Abstract:The three-quarter moving composite price index is the weighted average of the indices for three consecutive quarters. The Composite Bid Price Index is composed of six indicator items: common excavation, to indicate the price trend for all roadway excavation; portland cement concrete pavement and bituminous concrete pavement, to indicate the price trend for all surfacing types; and reinforcing steel, structural steel, and structural concrete, to indicate the price tremd for structures. Descriptions of the six indicator items can be found in Federal-aid Policy Guide G-6011-10.
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