Beta
Escalation, with its work shown.
Projects cost escalation to the midpoint of construction from the latest final-cost data. Ranges, not point estimates. Every assumption is documented below the result.
If a number here would change a bid by more than 1%, verify it against your firm's own historical cost data before relying on it. The model and its data are described on the methodology page; the band becomes a measured error once the forecast backtest ships.