Details of recently published Rise and Fall indices from ABS are as follows:
Index 6427 Tables 17, Ref No. 3101 - Victoria to March 2020
The indexes are the "as first published" indices by the Australian Bureau of Statistics referred to in Section 199 - Provision for Adjustment of Contract Sum of the Standard Specification for Road and Bridgeworks, and also in Section 4020 - Provision for Adjustment of Contract Sum of the AS4300 General Conditions based contracts.
The indexes can be used for calculation of Rise and Fall payments for those contracts which include Section 199 or Section 4020.
Please be aware that the indices are "as first published" and note that ABS may adjust the indices in subsequent publications. Section 199 and Section 4020 both specify that the "as first published index" and not any "re-calculated index" shall be used to calculate rise and fall payments.
For information on discontinued indexes and historic data please contact Paul Petridis on 9854 1752
Attached below is an Excel File of the Rise & Fall Indices.
Rise and Fall Indices.xls