Powers to Agness
Project Number: OR PFH 60(2)
Project Name: Powers to Agness Highway
Bid Opening Date: October 26, 2010
Base Price Indexes
Fuel
OPIS Report Location: Portland, OR
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / 10/5/2010 | 2.60 |
| 2 / 10/12/2010 | 2.65 |
| 3 / 10/19/2010 | 2.62 |
| 4 / 10/25/2010 | 2.51 |
| Base Price Index | 2.60 |
Asphalt Cement
Asphalt Weekly Location: Portland, OR
| Week / Date | Asphalt ($/ton) |
|---|---|
| 1 / 10/4/2010 | 430.00 |
| 2 / 10/11/2010 | 430.00 |
| 3 / 10/18/2010 | 430.00 |
| 4 / 10/25/2010 | 430.00 |
| Base Price Index | 430.00 |
Monthly Averages for 2010
| Month | Fuel | Asphalt |
|---|---|---|
| December | 2.67 | 432.50 |
| November | 2.48 | 427.50 |
Computation Approaches Used to Determine Base Price Indexes
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.
Fuel Price Adjustment: The Base Price Index (BPI) is a price index determined by arithmetic average of OPIS publications' daily rack prices on a weekly basis for the 4 weeks preceding the bid opening.
Last updated: Tuesday, December 17, 2019