New construction

New construction costs delivered as percent of total costs.

Delivered Construction Costs as Percent of Total Costs

APS Delivered Construction Costs
YearPercent of Total Costs
2011–12 92.6%
2012–13 97.3%
2013–14 93.2%
2014–15 98.4%

Description of Calculation: Delivered construction costs of new construction projects, divided by total costs of all new construction projects.

Importance of Measure: This can be used to evaluate the cost of delivered construction relative to design costs and personnel costs.