Norris to Golden Gate, Phase 2
Project Number: WY PRA YELL 10(19)
Project Name: Grand Loop Road, Norris to Golden Gate, Phase II
Bid Opening Date: April 14, 2016
Base Price Indexes
Fuel
OPIS Report Location: Bozeman, Montana
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / March 23, 2016 | 1.32 |
| 2 / March 30, 2016 | 1.33 |
| 3 / April 6, 2016 | 1.32 |
| 4 / April 13, 2016 | 1.32 |
| Base Price Index | 1.32 |
Asphalt
Asphalt Weekly Location: Northern, Wyoming
| Week / Date | Asphalt ($/US ton) |
|---|---|
| 1 / March 21, 2016 | 320.00 |
| 2 / March 28, 2016 | 320.00 |
| 3 / April 4, 2016 | 320.00 |
| 4 / April 11, 2016 | 320.00 |
| Base Price Index | 320.00 |
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: Tuesday, March 19, 2024