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ENR > Business & Labor > How To Use the International Cost Survey - ENR | McGraw-Hill Construction
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| Comparing construction cost data between countries with vastly different economic, political and social systems poses several hazards of which readers should be aware. Due to constantly changing market conditions and fluctuations in exchange rates, the above data should be used for broad “comparative purposes only,” cautions Gardiner & Theobald Inc., London. G&T compiled the international construction cost survey from its worldwide network of offices and associated companies. All costs were provided in local currency and converted to U.S. dollars using the exchange rates in effect on Nov. 26, 2007. The information on building costs includes contractors’ overhead and equipment costs.
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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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