Norris to Golden Gate, Phase 1
Project Number: WY PRA YELL 10(17)
Project Name: Grand Loop Road, Norris to Golden Gate, Phase I
Bid Opening Date: February 26, 2014
Base Price Indexes
Fuel
OPIS Report Location: Bozeman, Montana
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / February 4, 2014 | 3.13 |
| 2 / February 11, 2014 | 3.15 |
| 3 / February 18, 2014 | 3.22 |
| 4 / February 25, 2014 | 3.28 |
| Base Price Index | 3.19 |
Asphalt Cement
Asphalt Weekly Location: Northern, Wyoming
| Week / Date | Asphalt ($/US ton) |
|---|---|
| 1 / February 4, 2014 | 500.00 |
| 2 / February 11, 2014 | 500.00 |
| 3 / February 18, 2014 | 500.00 |
| 4 / February 25, 2014 | 500.00 |
| Base Price Index | 500.00 |
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.
Last updated: Wednesday, July 31, 2019