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Thanks for the comment, Shane, And that i can make a Be aware to evaluation that index when I Evaluate indices for price adjustments, in addition to MCI, and so on. Immediately after Talking Along with the folks at Bureau of Labor Figures, I believe this index may very well be beneficial in evaluating price raises, but I don’t believe that it is actually helpful in projecting cash fees for utilities (I believe CCI is closer If your capital projects require construction making use of concrete and metal). It really is a lot better than applying CPI, which some utilities and engineering corporations could be utilizing, even if it is a lot less-regarded. As opposed to taking the CPI in general, find here you could break it aside and seem especially for the “h2o and sewerage maintenance” ingredient that went into calculating the overall CPI.
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