SPECIAL PROVISIONS
ARTICLE I
CONSTRUCTION COST
SPI 1
LIMITING CONSTRUCTION COST
(a) See General Provisions Clause FAR 52.236-22 (Design Within Funding
Limitations. (APR 1984)). The estimated construction contract price set
forth in that clause is based on a Boeckh Index of ______________, for the
_____________________________ area on _________________________.
This
limiting cost will be adjusted as the Boeckh Index changes from the date
of this fixed limit to the date the bids on the construction contract are opened.
(b) Boeckh Index: The Boeckh Index is published monthly by the American
Appraisal Company, 525 East Michigan Street, Milwaukee, Wisconsin 53201. The
indices reflect the changes in building costs in representative major cities.
The Boeckh Index used herein is the index for the category: Apartments, Hotels and
Office Buildings, Brick and Concrete.
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