Nj fuel and asphalt price adjustment

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August undefined, 2024

WebbFuel Price Adjustment shall be determined on a monthly basis by a the formula: F= (MF-BF) x G, where: F= Fuel Price Adjustment; MF= Monthly Fuel Price Index, determined by the New Jersey Department of Transportation each month; Webb1 jan. 2024 · 2001 CDOT Fuel Cost Adjustment Specification • First implemented on May 31, 2001 – Not optional • Index was the spot price per barrel of West Texas Intermediate crude oil as posted in the Wall Street Journal • Trigger was 10% • Payment was based on the increased pay quantities for three items • Excavation – 0.29 Gal/CY • HBP ...

Njdot pay item catalog

Webbdecreases in the price of asphalt, fuel, or steel/iron throughout the life of the contract. II. FUEL AND ASPHALT PRICE ADJUSTMENTS A. Eligible Work . Price adjustments are made for eligible work items that are listed in the contract proposal special notes. Adjustment items (Items 698.04 and 698.05) are the contract items in which payments or Webbgallons of fuel. Items eligible for a fuel price adjustment are set forth under Contract Requirements (Section 160.03.01) for NJDOT’s Standard Specifications for Road and Bridge Construction. Fuel price adjustments shall not be made in those months for which the NJDOT’s monthly fuel price index has changed by less than five percent (5% ... how many ounces is 25 mg

Monthly Price Indices for Asphalt Cement and Fuel - Louisiana

WebbThe adjustment will automatically be shown in the QCRR. See Attachment A, Examples 1, 2 and 3 for the adjustment to the asphalt portion. (C) Cubic Yard Pay Item Adjustments The only Asphalt Cubic Yard Pay Item is Asphalt Treated Permeable Base (ATPB). This pay item does not allow for 105% pay adjustment. ATPB does receive CPF, Fuel, and WebbThe Fuel Escalation Clause is used for any contract greater than $250,000. The Fuel Factor Percentage for a contract is calculated based on the value of selected items in the Engineers Estimate to provide an average fuel usage for the contract items. The Asphalt Escalation Clause is used for any contract with more than 4,000 tons of plantmix. Webb1 apr. 2024 · Price Adjustment Indices for Asphalt (Updated April 1, 2024) * The Base and Current PG 76-22 did not change The following Indices should be used when contract contains the Virginia Department of Transportation's (VDOT) “Optional Adjustment for Fuel”. (Updated April 1, 2024) how big is the solar system video

BaseLine Item Detail Earle Asphalt Company C.J. Hesse Stavola ...

1035 Parkway Avenue, PO Box 600, Trenton, New Jersey 08625 …

WebbThe Fuel Cost Adjustment is the method of price adjustment for increases and decreases associated with the price of diesel fuel used to perform contract work. Fuel Cost Adjustments will be made if the difference between the Fuel Base Price and Fuel Period Price is greater than five percent (5%). http://wwwapps.dotd.la.gov/engineering/lettings/lac_price_index/priceindices.aspx how big is the sportswear marketWebbSpecial Attentions. Asphalt Cement and Fuel Adjustment special attentions have been posted for informational purposes and will be updated monthly (around the 15th of each month). If you have any questions, please contact the Contracts and Specifications Office. Asphalt Cement Adjustment (Item 1010.2)- updated February 20, 2024. how big is the spotted tail quoll

"WebbFuel and Asphalt Price Adjustment Guidance 10-15-19 Page 1 of 2 Adjustable items = actual items of work that are eligible for price adjustment calculation as shown in the Conversion Factor tables in the Contract Proposal. Adjustment items 698.04 and 698.05 – contract items where the price adjustments are made For SM Price Adjustment ... " - Nj fuel and asphalt price adjustment

Nj fuel and asphalt price adjustment

Asphalt Cement Cost Adjustment - Colorado Department of …

WebbThe Official Web Site for The State of New Jersey. 2024-3-26 · asphalt price adjustment ... FUEL COST ADJUSTMENT WORKSHEET Guidance 10-07. 2007-10-9 · worksheet. The index price for LS #2 will be used for diesel and burner fuel and the index price for Unl 87 will be used for Unleaded Gasoline. WebbAlthough price speculation and bid inflation are not new, escalation of global fuel prices in 2008 led to greater uncertainty in the bidding process. The effects of higher fuel prices are magnified when combined with the other component prices for concrete and asphalt, along with other demand factors currently affecting the construction industry.

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Webb5 apr. 2024 · Due to the uncertainty of liquid asphalt, Portland cement, diesel fuel, gasoline, structural steel, and reinforcing steel prices, and in accordance with the requirements of M.G.L. c. 30, sec. 38A, MassDOT Highway Division uses special provisions on selected projects to make contract adjustments to account for the prices … Webb1 apr. 2024 · Asphalt and Fuel Prices, CPI, and SPA Pricing for terminal asphalt binder, fuel, AC (Asphalt-Cement), Consumer Price Index (CPI), and Steel Price Adjustment (SPA) Connect NCDOT > Projects > Construction > Asphalt and …

Webb16 mars 2024 · Steel Producer Price Indexes (PPI) The following table lists Producer Price Indexes from the USDOL Bureau of Labor Statistics (BLS). Use the appropriate table as per contract specifications. The PPIs are to be used in the computation of progress and final payments for the Steel /Iron Price Adjustment. Instructions for calculating ... WebbFuel Cost Adjustments will be made if the difference between the Fuel Base Price and Fuel Period Price is greater than five percent (5%). Request for additional information, should be addressed to: Jane D. Witherell, PE, LEP, CHMM. Transportation Supervising Engineer. Phone: (860) 594-2673.

Webb30 mars 2024 · The Asphalt Price Index is the average of suppliers selling price in both northern and southern New Jersey. The Fuel Price Index is the average statewide selling price of Unleaded Regular Gasoline and Diesel Fuel. Contractors and Estimators are … WebbThere are 6.65 BBLs of crude oil (average gravity) in a short ton (source: USGS). The monthly average oil prices are in American dollars per short ton (2000 lbs). ACCA's Daily and Monthly Average Oil Prices Monthly Asphalt Cement Cost Adjustment Worksheet to calculate the +/- 5% "trigger" August 1, 2015.

WebbA list of past price indices is available by calling (225) 379-1439 for asphalts and (225) 379-1944 for fuels. Also, please be advised that we will exclude from the asphalt index calculation asphalt price quotation that exceeds ±25 percent of the average of all asphalt prices submitted.

Webb9 jan. 2024 · The Asphalt and Fuel Price Adjustments for estimating purposes can be calculated with the Fuel and Asphalt Price Adjustment Spreadsheet (xls 65k). Steel Producer Price Index The Steel Producer Price Indexes are computed each month from industry sources (beginning January 2024). how big is the square on a backboardWebbFuel, and asphalt prices and steel producer price indexes (PPIs) are updated monthly by Engineering Bulletin (EB). Prices are posted to this website on or about the 25th of the month. If there is a discrepancy between the information stated above and the EB, the EB is the official version. how many ounces is 24 poundsWebbAll invoices for payment shall be accompanied by the calculation of any asphalt price adjustment and a showing of the current month’s asphalt price index and the basic asphalt price index. Every bid specification prepared pursuant to P.L.1971, c.198 (C.40A:11-1 et seq.) shall be eligible for a fuel price adjustment. how many ounces is 227 grams