Escalation Factors for Glenn Highway Rehabilitation West Chickaloon Grade Section: MP 77.4 to 78.2

Project Number: AK DOT 135(5)
Project Name: Glenn Highway Rehabilitation West Chickaloon Grade Section: MP 77.4 to 78.2
Bid Opening Date: May 11, 2017

Base Price Indexes

Fuel

Week / DateFuel  ($/gallon)
1 / 4/19/20172.24
2 / 4/26/20172.25
3 / 5/3/20172.20
4 / 5/10/20172.15
Base Price Index2.21

Computation Approach Used to Determine Base Price Index

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.