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Camp Grisdale, Phase 2

Project Number: WA PFH 208-1(2)
Project Name: Camp Grisdale

Base Price Indexes

Fuel

28 Day Average Fuel  ($/gallon)
Base Price Index 1.60

Asphalt Cement

4 Week Average Asphalt  ($/US ton)
Base Price Index 445.00

 

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.

 

Monthly Averages for 2010

Month Fuel Asphalt
November 2.47 442.50
October 2.54 433.75
September 2.42 438.75
August 2.30 488.5
July 2.13 495.00
June 2.20 495.00
May 2.23 494.38
April 2.50 490.50
March 2.22 475.00
February 2.07 465.00
January 2.06 445.00

Monthly Averages for 2009

Month Fuel Asphalt
December 1.99 445.00
November 2.05 437.50
October 2.05 437.50
September 2.05 438.13
August 1.97 455.00
July 1.72 455.00
June 1.87 450.00
May 1.62 443.00