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Escalation Factors for ID PFH 80-1(1), Fernan Lake Road

Latest Month: October 2009
Fuel Price: 2.16
Asphalt Price: 492.50

Computation of Contract 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.
Week EndingAsphalt  ($/metric ton)
Base Price Index687.50

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.
Week EndingFuel  ($/gallon)
Base Price Index4.05


Archived Months for 2008
MonthFuelAsphalt
July4.08718.75
August3.68825.00
September3.30859.38
October2.66747.50
November2.07596.88
December1.45587.50

Archived Months for 2009
MonthFuelAsphalt
January1.72562.50
February1.44562.50
March1.29562.50
April1.70550.00
May1.65525.50
June1.87512.50
July1.77515.50
August2.03512.50
September2.09509.38
   

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Last update: November 3, 2009