FHWA Releases Latest National Highway Construction Cost Index Figures
WASHINGTON – The FHWA today released its latest National Highway Construction Cost Index, a quarterly estimate of the rising cost of domestic highway construction and maintenance over time. It is the first time the Index – now called “NHCCI 2.0” – has been published since the agency made major methodological revisions to improve its accuracy.NHCCI 2.0 is the first major revision since FHWA created this index in 2007, and reflects steadily rising costs of highway construction and repair....