Blaine Road
Project Number: OR PFH 155-1(2)
Project Name: Blaine Road
Base Price Indexes
Fuel
| 28 Day Average | Fuel ($/gallon) |
|---|---|
| Base Price Index | 2.66 |
Asphalt Cement
| 4 Week Average | Asphalt ($/metric ton) |
|---|---|
| Base Price Index | 344.47 |
Computation approaches used to determine base price indexes
Monthly Averages for 2010
| Month | Fuel | Asphalt |
|---|---|---|
| January | 2.06 | 497.69 |
Monthly Averages for 2009
| Month | Fuel | Asphalt |
|---|---|---|
| December | 2.04 | 494.66 |
| November | 2.04 | 476.74 |
| October | 2.03 | 445.33 |
| September | 2.02 | 440.23 |
| August | 1.96 | 501.55 |
| July | 1.72 | 499.34 |
| June | 1.88 | 486.39 |
| May | 1.62 | 463.52 |
| April | 1.57 | 486.39 |
| March | 1.27 | 509.81 |
| February | 1.32 | 509.81 |
| January | 1.55 | 533.51 |
Monthly Averages for 2008
| Month | Fuel | Asphalt |
|---|---|---|
| December | 1.35 | 537.37 |
| November | 1.91 | 572.51 |
| October | 2.45 | 680.67 |
| September | 3.08 | 823.97 |
| August | 3.45 | 799.17 |
| July | 3.95 | 651.05 |
| June | 3.85 | 554.59 |
| May | 3.81 | 489.97 |
| April | 3.49 | 451.25 |
| March | 3.24 | 420.25 |
| February | 2.80 | 379.19 |
| January | 2.51 | 358.25 |
Computation Approaches Used to Determine Base Price Indexes
Fuel Price Adjustment: The Base Price Index (BPI) is a price index determined by arithmetic average of OPIS publications daily rack prices for the 28 calendar days preceding the bid opening.
Asphalt Cement Adjustment: The Base Price Index (BPI) is a price index determined by arithmetic average for prices in the four "Asphalt Weekly Monitor ®" publications immediately preceding the bid opening.
Last updated: Tuesday, December 17, 2019