Laughingwater Creek Bridge to Panther Creek Bridge
Project Numbers: WA NP MORA 123(2)
Project Names: SR-123: Laughingwater Creek Bridge to Panther Creek Bridge
Bid Opening Date: July 31, 2024
Base Price Indexes
Fuel
OPIS Report Location: Seattle, WA
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / 7/9/2024 | 3.09 |
| 2 / 7/16/2024 | 2.97 |
| 3 / 7/23/2024 | 2.86 |
| 4 / 7/30/2024 | 2.78 |
| Base Price Index | 2.92 |
Asphalt
Asphalt Weekly Location: Seattle, WA
| Week / Date | Asphalt ($/US ton) |
|---|---|
| 1 / 7/5/2024 | 595.00 |
| 2 / 7/12/2024 | 595.00 |
| 3 / 7/19/2024 | 595.00 |
| 4 / 7/26/2024 | 595.00 |
| Base Price Index | 595.00 |
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.
Last updated: Wednesday, July 31, 2024