NHAI Releases National Highways
Construction Cost Index (NHCCI)
National
Highways Authority of India (NHAI) has released National Highways Construction
Cost Index (NHCCI) up to September 2015. This has been compiled based on
information received from the source agencies viz. concessionaire /
contractors. The index has been uploaded on NHAI website
http://www.nhai.org. Issues relating to choice of base period, selection
of item basket, derivation of weighting diagram, collection of data, method of
calculation of NHCCI and comparison with WPI have been uploaded on NHAI website
as “Methodology for NHCCI”.
The
indices are released experimentally for inviting comments from users / experts
/ stakeholders on replacing WPI with NHCCI in escalation clauses of highways
construction cost. Figures are provisional subject to revision with
availability of further additional information and have no legal sanctity
attached as yet. However, it is a step towards finalization of indices after
receiving the feedback / comments.
Cost Index
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