Asphalt Price Adjustment. THE THIRD PARAGRAPH IS CHANGED TO: The Department will calculate the asphalt price adjustment by the following formula: A = (MA − BA) T Where: A = Asphalt Price Adjustment MA = Monthly Asphalt Price Index for work performed from the first day of the month to the last day of the month for the month prior to the estimate cutoff date BA = Basic Asphalt Price Index T = Tons of New Asphalt Binder1
Appears in 2 contracts
Samples: Special Provisions, www.bidnet.com
Asphalt Price Adjustment. THE THIRD PARAGRAPH IS CHANGED TO: The Department will calculate the asphalt price adjustment by the following formula: A = (MA − BA) × T Where: A = Asphalt Price Adjustment MA = Monthly Asphalt Price Index for work performed from the first day of the month to the last day of the month for the month prior to the estimate cutoff date BA = Basic Asphalt Price Index T = Tons of New Asphalt Binder1
Appears in 2 contracts
Samples: Special Provisions, Special Provisions