Klamath County Boat Marina to Lakeshore Drive
Project Number: OR DOT 140(1), OR 140
Project Name: Klamath County Boat Marina to Lakeshore Drive
Bid Opening Date: September 15, 2022
Base Price Indexes
Fuel
OPIS Report Location: Portland, OR
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / August 24, 2022 | 4.04 |
| 2 / August 31, 2022 | 4.23 |
| 3 / September 7, 2022 | 3.89 |
| 4 / September 14, 2022 | 3.83 |
| Base Price Index | 4.00 |
Asphalt Cement
Asphalt Weekly Location: Portland, OR
| Week / Date | Asphalt ($/ton) |
|---|---|
| 1 / August 22, 2022 | 782.50 |
| 2 / August 29, 2022 | 782.50 |
| 3 / September 5, 2022 | 765.00 |
| 4 / September 12, 2022 | 765.00 |
| Base Price Index | 773.75 |
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: Monday, January 30, 2023