Fuel , Asphalt, & Steel Price Adjustments

Fuel , Asphalt, & Steel Price Adjustments hups://www.dot.ny.gov/main/business-center/contractors/consiru... Department of Transportation Travel Business Projects Employment About 7> DOING BUSINESS WITH NYSDOT • (BUSINESS•CENTER)> CONTRACTORS > OFFICE OF CONSTRUCTION > FUEL , ASPHALT, & STEEL PRICE ADJUSTMENTS Office of Construction Fuel, Asphalt, & Steel Price Adjustments Fuel, Asphalt, & Steel Price Adjustments ...NYSDOT Av ge Posted Prices for Fuel Ti. Mowing I Ogling of Average Posted Prices for Fuel, which ere to be used in computation of progress and final payments for tbefuelfrice Adjustment (Item 698.02 and 698.05). Instructions for calculating these payments are contained in the NYSDOT Standard Specifications. 74,\J 20/6 y Ecc aiducbdAio, ‘)/0 IM01.004 2Ch 10-71b20 I of 6 1/22/16, 10:00 AM EFTA01118284 Fuel , Asphalt. & Steel Price Adjustments https://www.dot.ny.gov/main/business-center/contractors/consiru... 2016 (metric) JANUARY ( 4 662 2015 (metric) I 1 FEBRUARY 1 I 846 MARCH APRIL 618 MAY 627 JUNE 617 JULY 590 AUGUST 586 SEPTEMBER 574 OCTOBER 556 I NOVEMBER 525 DECEMBER 504 I ,800 I 2014 (metric) 628 I ;569 2013 (metrfc) 636 576 I _I_ :566 • 633 574 616 559 I i I 572 , 625 567 637 . 578 , I i - I i '561 631 ,573 ,635 576 1 569 652 591 641 581 ,559 676 '613 645 585 535 673 611 639 580 532 697 632 655 594 521 695 :630 658 597 504 685 621 653 593 477 693 629 658 597 458 672 609 639 580 Steel Producer Price Indexes (PPI) and Cost Basis (CB) The following table lists Producer Price Indexes from the USDOL Bureau of Labor Stalisios (BLS) along with a listing of intial cost basis (CB) ratites for steelliron products. Use the appropriate table as per contract specifications. The CB and PPIs are to be used in the computation of progress and final payments for the Steel /Iron Price Adjustment (Item 698.03 and 698.06). Instructions for calculating these payments are contained in the NYSDOT Standard Specifications. The final PPI is usually available 4 months after publication of the preliminary PPI. Producer Price Indexes (PPI) For 3 of 6 1/22116, 10:00 AM EFTA01118285 Asphalt Cement and Fuel Price Index http://www.state.nj.usitninsportation/husinessitrnsporl/Pricelnde... STATE OF NEW JERSEY DEPARTMENT OF TRANSPORTATION ems Christie, Governor I Kan Curative, lieutenant Governor NJDOT Home About NJDOT Engineering In the Works Trns•port Overview Frequently Asked Questic-s Cost Estimation Asphalt Cement & Fuel Price Index Proposals Manuals Bids, Letting and Awards Useful Links fr. eik 5-32 Lori 6 Ili car 37- NJcommuter.com Capital Program NJ Homo I Services A to Z I Departments/Agencies' FACte Situ Index I Scorch: NJ Horny Community Programs Freight, Air and Water Trns•port Software NJDOT Reference I Links Doing Business Asphalt Cement and Fuel Price Index The Asphalt Price Index is the average of suppliers selling price in both North and South New Jersey. The Fuel Price Index is the average statewide selling price of Unleaded Regular Gasoline and Diesel Fuel. Contractors and Estimators are to use the Index price from the month before receipt of bids, regardless of posted date. Effective Date Asphalt Cement North of Route 195 Asphalt Cement South of Route 195 Entire State Fuel Date Calculated EMI. Metric English I Metric y El 210_11 Iiih Metric Jan 2016 $360 $397.00 $360.00 di397.00 $1.95 I $0.52 12/31/15 Dec 2015 I4401.00 $442.00 $401.00 $442.00 $2.08 $0.55 11/30/15 Nov 2015 $422.00) $465.00 $422.00 $465.00 S2.08 $0.55 I 10/29/15 I Oct 2015 $435.00 $480.00 I $435.00 $480.00 r $2.14 80.57 I 9/25/15 Sep 2015 $465.00 $513.00 $465.00 $513.00 $2.32 $0.61 8/27/15 • Aug 2015 $484.00 $534.00 $484.00 $534.00 $2.55 $0.67 7/29/15 : Jul 2015 $486.00 $536.00 $486.00 $536.00 $2.67 H $0.70 6/26/15 Jun 2015 $477.00 $526.00 $477.00 $526.00 $2.65 $0.70 5/29/15 i May 2015 $482.00 $531.00 $482.00 $531.00 $2 60 _ $0.68 Er Apr 2015 $50•. MI. $509.25 $561.35 $2.47 $0.651 4/1/15 i 'oar 2015 mpg $586.69 13313 $566.69 $2.49 $0.66 2/27/15 j Feb 2015 IBM $609.57 553.25 $609.57 $2.27 $0.60 l 1/28/15 Jan 2015 $568.00 $626.00 $568.00 $626.00 $2.65 $0.70j_12/29/14 Dec 2014 $586.00 $645.00 $586.00 $645.00 $2.98 $0.78 11/28/14 $3.09 $0.82i 10/29/14 Nov 2014 $591.00 $651.00 $591.00 $651.00 Oct 2014 $612.00 $675.00 $612.00 $675.00 $3.34 $0.88 IL 9/29/14 Sep 2014 $620.00 $683.00 $620.00 $683.00 $3.43 $0.91 8/28/14 $0.94IL 8/1/14 Aug 2014 $599.15 $660.44 $599.15 $660.44 $3.56 Jul 2014 $588.33 $648.52 $588.33 $640.52 I $3.67 1 $0.97 6/30/14 I of 5 I/22/16,9:46 AM EFTA01118286 From: Richard Kohn Subject: Date: January 22, 2016 at 0 .47 AM To: S.T. Wooten's Policies and Procedures for FOB Asphalt Cement Pricing based on the NCDOT Liquid Index. S. T. Wooten Corporation has made a commitment to our customers to provide the mostedoirovical price available for our asphalt materials by implementing a pricing structure based on the Department of Transportation (NCDOT) Monthly Terminal F.O.B. Asphalt Binder Price. Because the Asphalt Cement Price changes on a monthly basis, S.T. Wooten Corporation reserves the right to adjust, up or down, its prices in accordance with the Binder Price fluctuation at any time during the performance of work. /1'142 1;) 2 0 0 The percent of AC we use to calculate the price adjustment: 6.5% -(4.11? 244 Average cost of asphalt cement based on the NCDOT Liquid [Ktlex Click on the bars for details! 2016 Price Index Letter Price Index Letter January S578.85 February $557.69 March $540.77 April $511.15 May $483.08 June $470.00 July $473.08 August $479.62 September $464.62 October $437.31 November $423.21 December $410.00 EFTA01118287