Russian River Campground Access, Phase 2
Project Number: AK FS CNF 1015(2)
Project Name: Russian River Campground Access, Phase 2
Bid Opening Date: July 7, 2022
Base Price Indexes
Fuel
OPIS Report Location: Anchorage, Alaska
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / June 15, 2022 | 5.30 |
| 2 / June 22, 2022 | 5.49 |
| 3 / June 29, 2022 | 5.45 |
| 4 / July 6, 2022 | 4.96 |
| Final Base Price Index | 5.30 |
Asphalt
Asphalt Weekly Location: Seattle, Washington
| Week / Date | Asphalt ($/US ton) |
|---|---|
| 1 / June 13, 2022 | 695.00 |
| 2 / June 20, 2022 | 695.00 |
| 3 / June 27, 2022 | 695.00 |
| 4 / July 4, 2022 | 712.50 |
| Final Base Price Index | 699.38 |
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: Tuesday, July 18, 2023