Escalation Factors for Glacier National Park Projects
Reporting Locations
OPIS Report Location: Missoula, MT
Asphalt Weekly Location: Western Montana
Base Price Indexes Listed by Project
MT PRA GLAC 10(39), Siyeh Bend to Rising Sun, Phase XII
Bid Opening Date: April 16, 2013
Fuel
| Week / Date | Fuel ($/gallon) |
|---|---|
| 1 / March 25 | 3.19 |
| 2 / April 1 | 3.18 |
| 3 / April 8 | 3.20 |
| 4 / April 15 | 3.17 |
| Base Price Index | 3.19 |
Asphalt Cement
| Week / Date | Asphalt ($/ton) |
|---|---|
| 1 / March 25 | 535.00 |
| 2 / April 1 | 535.00 |
| 3 / April 8 | 535.00 |
| 4 / April 15 | 535.00 |
| Base Price Index | 535.00 |
MT PRA GLAC 10 (23), GTSR Rehabilitation – Big Bend to Logan Pass, Phase VIII
- Base Price Index for Fuel ($/gallon): 1.88
- Base Price Index for Asphalt ($/US ton): 515.00
MT PRA GLAC 10 (22), GTSR Rehabilitation – Avalanche to West Tunnel
- Base Price Index for Fuel ($/gallon): 3.19
- Base Price Index for Asphalt ($/US ton): 512.50
Computation approaches used to determine base price indexes
Monthly Averages for 2010
| Month | Fuel | Asphalt |
|---|---|---|
| December | 2.65 | 450.00 |
| November | 2.69 | 445.00 |
| October | 2.60 | 437.50 |
| September | 2.36 | 438.75 |
| August | 2.30 | 456.50 |
| July | 2.22 | 471.25 |
| June | 2.26 | 485.00 |
| May | 2.40 | 509.38 |
| April | 2.52 | 503.75 |
| March | 2.33 | 491.00 |
| February | 2.11 | 490.00 |
| January | 2.15 | 480.50 |
Monthly Averages for 2009
| Month | Fuel | Asphalt |
|---|---|---|
| December | 2.04 | 470.00 |
| November | 2.22 | 470.00 |
| October | 2.12 | 472.50 |
| September | 2.07 | 482.50 |
| August | 2.01 | 488.75 |
| July | 1.83 | 512.00 |
| June | 1.86 | 515.00 |
| May | 1.65 | 521.00 |
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.