Missile Base Roads (47)
Project Number: MT OMAD 18(47), MT PFH 76(1)
Project Name: Minuteman Missile Base Roads and Charles M Russel Memorial Way
Bid Opening Date: August 16, 2011
Base Price Indexes
Fuel
OPIS Report Location: Great Falls, MT
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / July 25, 2011 | 3.09 |
| 2 / August 1, 2011 | 3.17 |
| 3 / August 8, 2011 | 3.21 |
| 4 / August 15, 2011 | 3.23 |
| Base Price Index | 3.18 |
Asphalt Cement
Asphalt Weekly Location: Western, MT
| Week / Date | Asphalt ($/ton) |
|---|---|
| 1 / July 25, 2011 | 512.50 |
| 2 / August 1, 2011 | 512.50 |
| 3 / August 8, 2011 | 512.50 |
| 4 / August 15, 2011 | 512.50 |
| Base Price Index | 512.50 |
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