CWICR Escalation Calculator

Business Case

Problem Statement

Construction costs change over time:

• Inflation affects all costs
• Material prices fluctuate
• Labor rates increase annually
• Long projects need escalation

Solution

Time-based cost escalation using historical indices, projected rates, and category-specific escalation factors.

Business Value

• Future pricing - Estimate costs at construction time
• Budget planning - Account for inflation
• Contract pricing - Escalation clauses
• Historical analysis - Adjust past costs to current