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the parties will share equally in payment of the arbitrator's fees and arbitration expenses and any other costs unique to the arbitration hearing (recognizing that each side bears its own deposition witness expert and attorneys' fees and other expenses to the same extent as if the matter were being heard in court).
since its introduction in 1963 the chemical engineering plant cost index (cepci) has served as an important tool for chemical-process-industry (cpi) professionals when adjusting process plant construction costs from one period to another. the cepci consists of a composite index assembled from a set
instructions for file “equipment costs” accompanying plant design and economics for chemical engineers 5th edition peters timmerhaus and west . 1. the opening sheet of the file equipment costs is called calculation page. the column at the left lists equipment types alphabetically.
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chemical engineering index ce: composed of 4 major components – equipment construction labor buildings and engineering and supervision – the index is employed primary as a process plant construction index was established using a base period of 1957-1959 as 100. the ce index is updated monthly and it lags in time by about 3 months.
marshall & swift equipment cost index was created to make comparisons between two former quarters or years. index comparisons are developed by dividing the index for the date for which a cost is desired by the index for the date of the known cost and multiplying the resulting factor by the known cost. the marshall & swift equipment cost indexes are based on a national average for 47 different