Nj fuel and asphalt price adjustment
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%). Webb8 jan. 2010 · 38 or more of fuel to be eligible for a fuel price adjustment. If more 39 than one pay item has the exact same nomenclature, similar pay 40 items shall be combined and the this combination must require 500 41 gallons ore more of fuel to be eligible for the fuel price adjustment.
Nj fuel and asphalt price adjustment
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WebbClick here for the: ASPHALT PRICE ADJUSTMENT SPECIFICATION Posting Date $/Ton Asphalt April 3, 2024 $585.00 March 6, 2024 $562.50 February 6, 2024 $562.50 ... Contractor, or a credit to the Department, when the indexes change as defined for asphalt and fuel. For the current asphalt index (CAI), ... 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 ...
Webb19 feb. 2024 · The asphalt price adjustment shall be calculated in accordance with the formula and relevant instructions published in the most recent edition of the “New Jersey Department of Transportation Standard Specifications for Road and Bridge Construction.” Webb14 apr. 2024 · NJ Contract Fuel and Gas Prices - Heating Fuel and Diesel - November 2007 to Present; NJ Contract Fuel and Gas Prices - Heating Fuel and Diesel - November 2007 to Present. Date Heating Fuel Diesel Low Sulfur Diesel Ultra Low Sulfur Diesel Ultra Low Sulfur - Dyed; 4/13/2024 : 2.7297: 0.0000 : 2.8906: 2.8969: 4/12/2024 : 2.7027:
WebbF = Fuel Price Adjustment MF = Monthly Fuel Price Index BF = Basic Fuel Price Index G = Gallons of Fuel for Price Adjustment The Authority will use the monthly fuel price index every month from the New Jersey Department of Transportation’s website. The basic fuel price index is the most recent month’s fuel price index before receipt of bids. 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 ...
WebbFuel and Asphalt Spreadsheet LET DT SEPT 2024 FORWARD rev 20240818.xlsx. ... Fuel and Asphalt Index 20240504.pdf. ... KYTC Average Unit Bid Prices: Contractor's Resource Center: Subcontracts: Fuel & Asphalt Adjustments: 2024 …The cost of asphalt is $0.75 to $2.00 per square foot for hot-mix. Blacktop asphalt prices are $80 to $160 …
Webbthe use of asphalt, shall include an adjustment clause for changes in the cost of asphalt cement. The adjustment clause shall be expressed by the following formula: A=(MA-BA) x T, where: A= Asphalt Price Adjustment; MA= Monthly Asphalt Price Index, determined by the New Jersey Department of Transportation each month; cpu physics testWebb30 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 … cpu pin bent flatWebb9 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). cpu pin damage overheatWebbnumber of tons for asphalt price adjustment period of construction months total round up to nearest $100 gallons furnished tons micro-surfacingemulsion emulsion-gal slurrysealemulsion micropavingjoints note: 60% for rs or similar type emulsions petroleum content % by volume current price per "ton" for latest month eligible slurry seal items no ... distended belly in menWebbFuel price adjustment will be determined on a monthly basis by the following formula:F = (MF - BF) x GWhere:F=Fuel Price AdjustmentMF=Monthly Fuel Price IndexBF=Basic Fuel Price IndexG=Gallons of Fuel Eligible for Price AdjustmentThe monthly fuel price index, as determined by the Department, will be the average of the retail prices for No. … distended bladder with anechoic urineWebbNew Jersey Department of Transportation 1035 Parkway Avenue, PO Box 600, Trenton, ... ANNOUNCEMENT: BDC22S-09 DATE: January 17, 2024 SUBJECT: Fuel and Asphalt Price Adjustments -Revision to the 2024 Standard Specifications for Road and Bridge Construction, Section 160 ... added to the table of items eligible for fuel price adjustment. distended abdomen in catWebbAlthough 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. distended bowel loops treatment