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.