Amendment 0004 - NAVFAC BCI-2022Q3.pdf
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Calendar % change y/y % change y/y Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Oct-Oct Dec-Dec 2002 3581 3581 3597 3583 3612 3624 3652 3648 3655 3651 3654 3640 1.4% 1.8% 2003 3648 3655 3649 3652 3660 3677 3684 3712 3717 3745 3766 3758 2.6% 3.2% 2004 3767 3802 3859 3908 3955 3996 4013 4027 4103 4129 4128 4123 10.3% 9.7% 2005 4112 4116 4127 4168 4189 4195 4197 4210 4242 4265 4312 4329 3.3% 5.0% 2006 4335 4337 4330 4335 4331 4340 4356 4360 4375 4431 4462 4441 3.9% 2.6% 2007 4432 4432 4411 4416 4475 4471 4493 4515 4533 4535 4570 4580 2.3% 3.1% 2008 4593 4605 4634 4650 4646 4658 4712 4682 4734 4733 4706 4650 4.4% 1.5% 2009 4629 4573 4535 4490 4473 4444 4436 4405 4392 4382 4366 4376 -7.4% -5.9% 2010 4366 4371 4364 4365 4372 4372 4370 4360 4356 4378 4386 4389 -0.1% 0.3% 2011 4393 4411 4408 4424 4423 4434 4454 4464 4466 4487 4495 4495 2.5% 2.4% 2012 4510 4512 4525 4536 4542 4541 4546 4562 4559 4571 4583 4588 1.9% 2.1% 2013 4612 4629 4636 4650 4662 4676 4686 4687 4696 4738 4750 4762 3.7% 3.8% 2014 4776 4781 4796 4821 4838 4851 4873 4879 4893 4929 4944 4952 4.0% 4.0% 2015 4979 4986 4998 5022 5027 5047 5072 5082 5105 5128 5151 5167 4.0% 4.3% 2016 5170 5185 5194 5230 5245 5255 5278 5292 5292 5328 5338 5360 3.9% 3.7% 2017 5379 5384 5414 5429 5444 5457 5488 5512 5529 5543 5568 5579 4.0% 4.1% 2018 5600 5618 5637 5681 5711 5722 5756 5777 5801 5848 5866 5891 5.5% 5.6% 2019 5921 5936 5954 5986 6002 6016 6053 6074 6086 6115 6130 6155 4.6% 4.5% 2020 6179 6175 6166 6174 6172 6169 6176 6159 6162 6178 6198 6216 1.0% 1.0% 2021 6221 6249 6301 6363 6420 6438 6494 6596 6586 6693 1 6713 6751 8.3% 8.6% 2022 6874 6932 6990 7093 7153 7219 7337 7407 2p 7454 p 7520 p 7567 p 7612 p 12.4% 12.8% 2023 7664 p 7723 p 7758 p 7812 p 7849 p 7883 p 7925 p 7969 p 7989 p 8028 p 8065 p 8098 p 6.8% 6.4% 2024 8138 p 8187 p 8210 p 8253 p 8292 p 8327 p 8368 p 8418 p 8441 p 8483 p 8521 p 8556 p 5.7% 5.7% 2025 8596 p 8646 p 8668 p 8710 p 8749 p 8784 p 8824 p 8875 p 8897 p 8938 p 8978 p 9012 p 5.4% 5.3% 2026 9052 p 9104 p 9125 p 9166 p 9206 p 9241 p 9281 p 9333 p 9355 p 9397 p 9438 p 9473 p 5.1% 5.1% 2027 9514 p 9568 p 9590 p 9632 p 9675 p 9712 p 9753 p 9809 p 9832 p 9875 p 9919 p 9956 p 5.1% 5.1%
Escalation Factor = Index of the "escalated to" date Index of the "escalated from" date
Note 1:
Note 2:
NAVFAC Building Cost Index (BCI) 2022-Q3 (Released November, 2022)
The historical data through October 2021 is consistent with DOD SPI values used in Table 4-2 of UFC 3-701-01.
The projected (p) data is derived from an econometric forecast of escalation obtained from running a regression of the individual DOD Selling Price Index components and actual inflation for the full time series of the DOD Selling Price Index.
First Quarter Second Quarter Third Quarter Fourth Quarter
BCI Sheet
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