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Estimate the new building bid

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Question - In January of 2010 the appropriate contraction cost index had a value of $3,260 and in January 2000 the value was $1,746. In January for 2010, you received a bid for a structure of $6,25 million. Another building (virtually identical) is planned with a bid opening of January 2020. Estimate the new building bid?

Reference no: EM132060530

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