Construction Cost Index of Bengkulu Province 2023

The 2023 Construction Cost Index (IKK) for Bengkulu Province is a price index that describes the level of expensive construction in districts/cities in Bengkulu province compared to the reference city, namely Makassar city. Considerations in selecting a reference city are based on the index value of a city which is close to the national average index and the completeness of the data, as well as considering other supporting factors. The data presented in this publication was obtained from the results of the Construction Cost Price Survey (SHKK) specifically for building/construction materials, heavy equipment rental, and wages for construction services which was carried out in all districts/cities in Bengkulu Province. The data is calculated based on quarterly price data for July 2022, October 2022, January 2023, and April 2023. The IKK calculation weighing diagram uses Bill of Quantity (BoQ) data and Regional Revenue and Expenditure Budget (APBD) realization data. The 2023 IKK is one of the main components used to calculate the General Allocation Fund (DAU) for the 2024 Fiscal Year.