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Using Web Scraping Technology To Automatize Cost Data Collection For Calculating Construction Cost Indexes, Joseph Shrestha, H. David Jeong
Using Web Scraping Technology To Automatize Cost Data Collection For Calculating Construction Cost Indexes, Joseph Shrestha, H. David Jeong
Joseph Shrestha
Construction Cost Index (CCI) and Building Cost Index (BCI) published by Engineering News Record (ENR) are two of the very popular cost indexes used in the industry. Many state DOTs publishes their highway construction cost indexes to keep track of the current trend of cost escalation. The ENR BCI and ENR CCI are prepared by collecting cost data from agents of the 20 cities in the country. Such manual process of collecting cost data can be costly. The proposed method of price data collection, based on a computer technology called “web scraping,” can automatically collect material prices and labor wage …