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Fuel Price
Adjustment Decision Matrix |
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Notes: |
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1. All Fuel price
adjustments apply only to work performed between the FPA Guideline dates
dependent upon the Project Fuel Price Adjustment Condition described in the
guidance. |
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2. Use the Monthly Index
Data provided by ODOT for the Blue Book Formula Operating Cost
Calculations. The Contract Base Price
value is the fuel index value from the first publication month of the most
current Blue Book for the effective equipment rate period. The Monthly Base
Price value is the fuel index value for the month in which the equipment is
used. (Note: The Blue Book is published semi-annually
with updates to approximately half of the equipment in each publication. So, use January of the effective Blue Book
year for equipment updates in the first half and use July of the effective
Blue Book year for equipment updates in the second half to establish the Cost
Basis Index Value.) |
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3. The original contract quantities determine
the Project Fuel Price Adjustment Condition. |
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Project Fuel
Price Adjustment Condition (See Note 3.) |
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Contract Payment Condition |
A. Non-LPA traditional-let, Type B, and Type C
Emergency Projects that have any
Qualifying Item Exceeding any threshold value. |
B. Non-LPA traditional-let, Type B, and Type C
Emergency Projects that have no
Qualifying Items or Projects that have Qualifying Items but no item exceeds
the threshold values. |
C. Type A Emergency
Contracts |
| Original
Contract |
1. Bid Item Unit Pricing |
Pay the FPA according to the
formula provided in the guidance for qualifying quantities of work only placed between July 1, 2004, and December 15, 2005,
inclusive. |
Pay the FPA
according to the formula provided in the guidance for
work placed between May 2005 and November 2005 at 1 gal. per $1000.00
of work performed. |
N/A |
| Extra Work |
2. Negotiated Pricing for qualifying items of
work |
If
the work commences within 90 days of the approval of the change order, there
is no fuel price adjustment. If work
commences more than 90 days after the approval of the change order and is
performed between July 1, 2004, and December 15, 2005, inclusive, calculate
and pay the FPA as per section E of the FPA guidance. |
If
the work commences within 90 days of the approval of the change order, there
is no fuel price adjustment. If work
commences more than 90 days after the approval of the change order and is
performed between May 2005 and November 2005, calculate and pay the FPA as
per section E of the FPA guidance. |
If
the work commences within 90 days of the approval of the change order, there
is no fuel price adjustment. If work
commences more than 90 days after the approval of the change order and is
performed between July 1, 2004, and December 15, 2005, inclusive, calculate
and pay the FPA as per section E of the FPA guidance. |
| 3.
Negotiated Pricing for non-qualifying items of work |
No Fuel Price
Adjustment allowed. |
No
Fuel Price Adjustment allowed. |
No
Fuel Price Adjustment allowed. |
| 4.
Actual Cost of Force Account Pricing for qualifying items of work |
For work
performed between July 1, 2004, and December 15, 2005, inclusive, adjust the
operating cost according to the Blue Book Supplemental formula (See Note
2). OR, pay the actual invoice cost of fuel consumed during the
performance of the extra work in place of the Blue Book operating cost. |
For
work performed between May 2005 and November 2005, adjust the operating cost
according to the Blue Book Supplemental formula (See Note 2). OR, pay the actual cost of fuel consumed during the performance of
the extra work in place of the Blue Book operating cost . |
For
work performed between July 1, 2004, and December 15, 2005, inclusive, adjust
the operating cost according to the Blue Book Supplemental formula (See Note
2). OR, pay the actual cost of fuel consumed during the performance e of
the extra work in place of the Blue Book operating cost . |
| 5.
Actual Cost of Force Account Pricing for non-qualifying items of work |
No Fuel Price
Adjustment allowed. |
No
Fuel Price Adjustment allowed. |
No
Fuel Price Adjustment allowed. |
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| Dated: |
2/16/2006 |
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