Construction Cost Index of Lampung Tengah Regency 2024

The 2024 Construction Cost Index (IKK) is a price index that describes the level of construction costs of a district/city compared to a reference city, namely Banjarmasin City. The reference city was selected by considering the index value of a city that is close to the national average index, completeness of data, and the position of the city in trade routes.
The 2024 IKK was obtained from the results of the Construction Cost Price Survey (SHKK) which was carried out in the third and fourth quarters of 2023 and the first and second quarters of 2024. This survey collected data on material prices, heavy equipment rentals, and construction service wages. The calculation of the IKK weighing diagram uses data from the Bill of Quantity (BoQ), the Unit Price Analysis Book of the Ministry of Public Works and Public Housing, and data on the realization of the Regional Revenue and Expenditure Budget (APBD). The 2024 IKK is one of the main components used to calculate the General Allocation Fund for the 2025 Fiscal Year