Camp Grisdale, Phase 2
Project Number: WA PFH 208-1(2)
Project Name: Camp Grisdale
Base Price Indexes
Fuel
| 28 Day Average | Fuel ($/gallon) |
|---|---|
| Base Price Index | 1.60 |
Asphalt Cement
| 4 Week Average | Asphalt ($/US ton) |
|---|---|
| Base Price Index | 445.00 |
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.
Monthly Averages for 2010
| Month | Fuel | Asphalt |
|---|---|---|
| November | 2.47 | 442.50 |
| October | 2.54 | 433.75 |
| September | 2.42 | 438.75 |
| August | 2.30 | 488.5 |
| July | 2.13 | 495.00 |
| June | 2.20 | 495.00 |
| May | 2.23 | 494.38 |
| April | 2.50 | 490.50 |
| March | 2.22 | 475.00 |
| February | 2.07 | 465.00 |
| January | 2.06 | 445.00 |
Monthly Averages for 2009
| Month | Fuel | Asphalt |
|---|---|---|
| December | 1.99 | 445.00 |
| November | 2.05 | 437.50 |
| October | 2.05 | 437.50 |
| September | 2.05 | 438.13 |
| August | 1.97 | 455.00 |
| July | 1.72 | 455.00 |
| June | 1.87 | 450.00 |
| May | 1.62 | 443.00 |