Madison to Norris - Segment B
Project Number: WY PRA-YELL 10(15)
Project Name: Grand Loop Road (Madison to Norris - Segment B)
Base Price Indexes
Fuel
| 4 Week Average | Fuel ($/gallon) |
|---|---|
| Base Price Index | 1.29 |
Asphalt Cement
| 4 Week Average | Asphalt ($/metric ton) |
|---|---|
| Base Price Index | 564.93 |
Computation approaches used to determine base price indexes
Monthly Averages for 2010
| Month | Fuel | Asphalt |
|---|---|---|
| November | 2.67 | 485.56 |
| October | 2.55 | 482.26 |
| September | 2.32 | 483.63 |
| August | 2.27 | 490.52 |
| July | 2.17 | 498.79 |
| June | 2.22 | 521.39 |
| May | 2.33 | 534.62 |
| April | 2.50 | 536.82 |
| March | 2.32 | 537.37 |
| February | 2.13 | 537.37 |
| January | 2.17 | 512.02 |
Monthly Averages for 2009
| Month | Fuel | Asphalt |
|---|---|---|
| December | 2.05 | 500.17 |
| November | 2.22 | 498.79 |
| October | 2.13 | 502.65 |
| September | 2.08 | 518.08 |
| August | 2.03 | 520.84 |
| July | 1.82 | 523.59 |
| June | 1.84 | 523.59 |
| May | 1.62 | 534.62 |
| April | 1.69 | 585.60 |
| March | 1.39 | 613.15 |
| February | 1.40 | 633.82 |
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 on a weekly basis for the 4 weeks 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: Monday, August 5, 2019