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Weston-Elgin Morning Creek

Project Number: OR PFH 37-1(6)
Project Name: Weston-Elgin Morning Creek Snowpark

Base Price Indexes

Asphalt Cement

4 Week Average Asphalt  ($/US ton)
Base Price Index 587.50

Computation approach used to determine base price index

Monthly Averages for 2009

Month Asphalt
October 468.00
September 487.50
August 490.00
July 495.00
June 502.50
May 540.00
April 550.00
March 575.00
February 562.50
January 562.50

Monthly Averages for 2008

Month Asphalt
December 587.50

Computation Approach Used to Determine Base Price Index

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.