MT 2009 Pavement Preservation
Project Number: MT PFH 2009(2)
Project Name: MT Statewide 2009 Pavement Preservation Projects
Base Price Indexes
Fuel
| Week Ending | Fuel ($/gallon) |
|---|---|
| October 2 | 2.03 |
| October 9 | 2.02 |
| October 16 | 2.08 |
| October 23 | 2.17 |
| Base Price Index | 2.08 |
Asphalt Cement
| Week Ending | Asphalt ($/US ton) |
|---|---|
| Week 39 | 482.50 |
| Week 40 | 482.50 |
| Week 41 | 470.00 |
| Week 42 | 470.00 |
| Base Price Index | 476.25 |
Computation approaches used to determine base price indexes
Monthly Averages for 2010
| Month | Fuel | Asphalt |
|---|---|---|
| November | 2.69 | 445.00 |
| October | 2.60 | 437.50 |
| September | 2.36 | 438.75 |
| August | 2.30 | 456.50 |
| July | 2.22 | 471.25 |
| June | 2.26 | 485.00 |
| May | 2.40 | 509.38 |
| April | 2.52 | 503.75 |
| March | 2.11 | 491.00 |
| February | 2.11 | 490.00 |
| January | 2.15 | 480.50 |
Monthly Averages for 2009
| Month | Fuel | Asphalt |
|---|---|---|
| December | 2.04 | 474.38 |
| November | 2.22 | 470.00 |
| October | 2.12 | 472.50 |
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: Wednesday, July 31, 2019