North Bank Lane
Project Number: OR EMK 2005(3)
Project Name: North Bank Lane
Bid Opening Date: May 18, 2010
Base Price Indexes
Asphalt Cement
Asphalt Weekly Location: Portland, Oregon
| Week / Date | Asphalt ($/US ton) |
|---|---|
| 1 / April 26 | 485.00 |
| 2 / May 3 | 492.50 |
| 3 / May 10 | 492.50 |
| 4 / May 17 | 485.00 |
| Base Price Index | 488.75 |
Computation approach used to determine base price index
Monthly Averages for 2010
| Month | Asphalt |
|---|---|
| December | 432.50 |
| November | 427.50 |
| October | 430.00 |
| September | 433.13 |
| August | 458.50 |
| July | 467.50 |
| June | 467.50 |
Computation Approach Used to Determine Base Price Index
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.