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published by the Marshall & Swift/Boeckh, LLC, Marshall Valuation Service Application of the index factors to a property's historical cost typically results in reproduction cost new In situations where equipment has undergone minimal changes in technology, reproduction cost and replacement cost are likely to be similar...

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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 ....

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