Archive for Monday, May 5, 2014

40 years ago: Inflation wreaking havoc on bridge construction estimates

May 5, 2014


From the Lawrence Daily Journal-World for May 5, 1974:

With inflation said to be causing skyrocketing construction costs, it appeared unlikely that proposed bridge building projects in Lawrence and Douglas County would be at the low end of their estimated costs, according to an article today. Inflation had already pushed cost estimates for the proposed county-city judicial law enforcement building up 10 percent, and the effects were expected to be even more dramatic on bridge projects. John Frazier of Finney and Turnipseed Consulting Engineers, Topeka, said this week that the cost of county bridges would be as much as 20 to 25 percent over original estimates now, and more than that by the time the projects were bid. "We can estimate what the costs are now, but someone will have to get out their crystal ball and see what they will be when the bids are taken," he said.


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