Valuation Threshold for Alterations, Structural Repairs or Additions to Existing Buildings
Per 2007 California Building Code Section 1134B.2.1 Exception 1, the 2008 valuation threshold is $119,958.65 and will be updated again in January, 2009.
The annual valuation threshold is based on the January, 1981 threshold of $50,000.00 as adjusted using the ENR 20 Cities Construction Cost Index, as published by Engineering News-Record, McGraw-Hill Publishing Company, for January of each year.
Valuation threshold for recent years:
| Year |
ENR Construction
Cost Index (Jan.): |
Valuation
Threshold |
| |
|
|
| 2008 |
8090.06 |
$ 119,958.65 |
| 2007 |
7879.58 |
$ 116,837.68 |
| 2006 |
7660.29 |
$ 113,586.07 |
| 2005 |
7297.24 |
$ 108,202.79 |
| 2004 |
6824.90 |
$ 101,198.98 |
| 2003 |
6580.54 |
$ 97,575.63 |
| 2002 |
6461.81 |
$ 95,815.11 |
| 2001 |
6280.85 |
$ 93,131.86 |
| 2000 |
6130.36 |
$ 90,900.40 |
|
