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MT DAR 2022(1) – Defense Access Roads 2022

Project Number: Defense Access Roads FY 2022
Project Name: MT DAR 2022(1)
Bid Opening Date: June 7, 2022

Base Price Indexes

Fuel

OPIS Report Location: Great Falls, Montana

Week / Date Fuel  ($/gallon)
1 / May 15, 2022 4.61
2 / May 22, 2022 4.51
3 / May 30, 2022 4.54
4 / June 6, 2022 4.74
Final Base Price Index 4.60


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.