Construction Cost Changes Review

Each year, the assessment year modifiers (AYMs) that are used in calculating property assessments for regulated industrial properties are calculated by the Assessment Services Branch of Alberta Municipal Affairs.  The AYMs reflect annual changes that have occurred in the costs of constructing property.  To determine the AYMs, the branch contracts the services of engineering firms to provide information on annual construction cost changes in the various industrial sectors.

As part of this process, the branch is asking for feedback from stakeholders on the construction cost changes that have been received from engineering firms, and on the AYMs that are being proposed for the 2009 assessment year (2010 tax year).  The branch will use the feedback in finalizing recommendations to the Minister for the 2009 AYMs.

For more information about the Construction Cost Changes, please click on the links below:

• Construction Cost Changes Table (including proposed AYMs)

Construction Cost Changes documentation:

• Cable distribution undertakings
• Electric power properties
• Machinery and equipment methodology
• Pipelines
• Railways
• Telecommunication carriers
• Wells

Terms of References — Instructions used by the contractors for developing the Construction Cost Changes:

• Cable distribution undertakings
• Electric power properties
• Machinery and equipment methodolgy
• Pipelines
• Railways
• Telecommunication carriers
• Wells
  

If you have any questions regarding this matter, please contact the Assessment Services Branch, toll-free at 310-0000, then 780-422-1377.  To provide comments on behalf of your company, municipality, or stakeholder organization, click here.

Previous Construction Cost Changes Reviews:

• 2008
• 2007
• 2006