South Century Drive
Project Number: OR PFH 92-1(1)
Project Name: South Century Drive
Base Price Indexes
Fuel
| 28 Day Average | Fuel ($/gallon) |
|---|---|
| Base Price Index | 2.55 |
Asphalt Cement
| 4 Week Average | Asphalt ($/US ton) |
|---|---|
| Base Price Index | 325.00 |
Computation approaches used to determine base price indexes
Monthly Averages for 2009
| Month | Fuel | Asphalt |
|---|---|---|
| November | 2.37 | 432.50 |
| October | 2.37 | 474.17 |
| September | 2.09 | 399.38 |
| August | 2.01 | 455.00 |
| July | 1.78 | 453.00 |
| June | 1.93 | 441.25 |
| May | 1.67 | 420.50 |
| April | 1.64 | 441.25 |
| March | 1.35 | 462.50 |
| February | 1.40 | 462.50 |
| January | 1.61 | 484.00 |
Monthly Averages for 2008
| Month | Fuel | Asphalt |
|---|---|---|
| December | 1.46 | 487.50 |
| November | 2.00 | 519.38 |
| October | 2.64 | 617.50 |
| September | 3.20 | 747.50 |
| August | 3.55 | 725.00 |
| July | 4.04 | 565.38 |
| June | 3.92 | 503.13 |
| May | 3.87 | 444.50 |
| April | 3.56 | 409.38 |
| March | 3.31 | 381.25 |
| February | 2.83 | 344.00 |
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, December 17, 2019