Lake Crescent & East Beach Roads
Project Numbers: WA NPS OLYM 11(9) & WA CLALLAM 92210(1)
Project Names: Rehabilitate Route 11, Lake Crescent Road (US Hwy 101) & East Beach Road
Bid Opening Date: March 7, 2017
Base Price Indexes
Fuel
OPIS Report Location: Seattle, WA
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / 02/13/2017 | 1.73 |
| 2 / 02/20/2017 | 1.69 |
| 3 / 02/27/2017 | 1.70 |
| 4 / 03/06/2017 | 1.65 |
| Base Price Index | 1.69 |
Asphalt
Asphalt Weekly Location: Seattle, WA
| Week / Date | Asphalt ($/US ton) |
|---|---|
| 1 / 02/13/2017 | 300.00 |
| 2 / 02/20/2017 | 300.00 |
| 3 / 02/27/2017 | 300.00 |
| 4 / 03/06/2017 | 302.50 |
| Base Price Index | 300.63 |
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, March 18, 2024