Stevens Canyon, Phase 2
Project Number: WA PRA MORA 13(5)
Project Name: Stevens Canyon Road Phase II
Bid Opening Date: February 24, 2012
Base Price Indexes
Fuel
OPIS Report Location: Seattle, WA
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / February 2, 2012 | 3.05 |
| 2 / February 9, 2012 | 3.16 |
| 3 / February 16, 2012 | 3.24 |
| 4 / February 23, 2012 | 3.36 |
| Base Price Index | 3.20 |
Asphalt Cement
Asphalt Weekly Location: Seattle, WA
| Week / Date | Asphalt ($/ton) |
|---|---|
| 1 / February 3, 2012 | 562.50 |
| 2 / February 10, 2012 | 570.00 |
| 3 / February 17, 2012 | 570.00 |
| 4 / February 24, 2012 | 570.00 |
| Base Price Index | 568.13 |
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