What is a PCB?
What is a PCB?
Any project which receives federal funding has escalation calculated from the Project Cost Breakdown worksheet issued by Department of Infrastructure, Transport, Regional Development and Communication. The worksheet has an inbuilt escalation index which adjusts for procurement method, road classification and project stage. We have found certain limitations recently, such as inability to escalate beyond a 10 year timeframe. We are looking forward the new release of the worksheet which should fix that.
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