Salmon River Road, Phase 3
Project Number: ID PFH 60-1(3)
Project Name: Salmon River Road
Base Price Indexes
Fuel
| 28 Day Average |
Fuel ($/gallon) |
| Base Price Index |
2.48 |
Asphalt Cement
| 4 Week Average |
Asphalt ($/metric ton) |
| Base Price Index |
391.32 |
Computation approaches used to determine base price indexes
Monthly Averages for 2010
| Month |
Fuel |
Asphalt |
| December |
2.76 |
530.48 |
| November |
2.76 |
529.10 |
| October |
2.63 |
540.13 |
| September |
2.46 |
542.88 |
| August |
2.42 |
573.20 |
| July |
2.33 |
573.20 |
| June |
2.31 |
578.71 |
| May |
2.49 |
584.22 |
| April |
2.58 |
558.31 |
| March |
2.35 |
551.15 |
| February |
2.21 |
547.71 |
| January |
2.23 |
542.88 |
Monthly Averages for 2009
| Month |
Fuel |
Asphalt |
| December |
2.17 |
509.81 |
| November |
2.29 |
509.81 |
| October |
2.11 |
515.88 |
| September |
2.07 |
540.13 |
| August |
2.05 |
540.13 |
| July |
1.88 |
545.64 |
| June |
1.99 |
553.91 |
| May |
1.65 |
595.24 |
| April |
1.66 |
611.78 |
| March |
1.39 |
633.82 |
| February |
1.47 |
620.04 |
| January |
1.67 |
620.04 |
Monthly Averages for 2008
| Month |
Fuel |
Asphalt |
| December |
1.61 |
647.60 |
| November |
2.09 |
661.38 |
| October |
2.88 |
829.48 |
| September |
3.62 |
947.29 |
| August |
3.68 |
909.40 |
| July |
4.11 |
799.17 |
| June |
4.10 |
651.05 |
| May |
3.93 |
545.64 |
| April |
3.54 |
459.52 |
| March |
3.36 |
416.81 |
| February |
2.81 |
385.81 |
| January |
2.65 |
381.67 |
Monthly Averages for 2007
| Month |
Fuel |
Asphalt |
| December |
2.73 |
377.54 |
| November |
3.01 |
388.56 |
| October |
2.75 |
390.63 |
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
