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-119- NASM EXTENSION - PRESENT VALUE: EXISTING SHUTTLE BUILDING DULLES [[5 column table]] Year | Escalation factor 4% | Unescalated Cost ($000) | Escalated Cost ($000) | Present Value Cost ($000) 1987* | 1.000 | | | 1988 | 1.040 | | | 1989 | 1.082 | | | 1990 | 1.125 | | | 1991 | 1.170 | | | 1992 | 1.217 | | | 1093** | 1.265 | 467*** | 591 | 591 Total Present Value 591 [[/table]] * 1987 is year 20,000 square feet shuttle building was constructed at a cost of $467,000 ** 1993 is project start date for NASM Extension *** Source: Smithsonian Construction Records.