FUEL PRICE ADJUSTMENT Sample Clauses
FUEL PRICE ADJUSTMENT. (11-15-05) (Rev. 2-18-14) 109-8 SP1 G43 Revise the 2012 Standard Specifications as follows: The base index price for DIESEL #2 FUEL is $ 1.5593 per gallon. Where any of the following are included as pay items in the contract, they will be eligible for fuel price adjustment. The pay items and the fuel factor used in calculating adjustments to be made will be as follows: Unclassified Excavation Gal/CY 0.29 Borrow Excavation Gal/CY 0.29 Class IV Subgrade Stabilization Gal/Ton 0.55 Aggregate Base Course Gal/Ton 0.55 Sub-Ballast Gal/Ton 0.55 Asphalt Concrete Base Course, Type Gal/Ton 2.90 Asphalt Concrete Intermediate Course, Type _ Gal/Ton 2.90 Asphalt Concrete Surface Course, Type Gal/Ton 2.90 Open-Graded Asphalt Friction Course Gal/Ton 2.90 Permeable Asphalt Drainage Course, Type Gal/Ton 2.90 Sand Asphalt Surface Course, Type Gal/Ton 2.90 Aggregate for Cement Treated Base Course Gal/Ton 0.55 Portland Cement for Cement Treated Base Course Gal/Ton 0.55 " Portland Cement Concrete Pavement Gal/SY 0.245 Concrete Shoulders Adjacent to " Pavement Gal/SY 0.245 (7-15-08) (Rev. 5-17-16) 108-2 SP1 G58 The Contractor's attention is directed to the Standard Special Provision entitled Availability of Funds Termination of Contracts included elsewhere in this proposal. The Department of Transportation's schedule of estimated completion progress for this project as required by that Standard Special Provision is as follows: 2017 (7/01/16 - 6/30/17) 81% of Total Amount Bid 2018 (7/01/17 - 6/30/18) 19% of Total Amount Bid The Contractor shall also furnish his own progress schedule in accordance with Article 108-2 of the 2012 Standard Specifications. Any acceleration of the progress as shown by the Contractor's progress schedule over the progress as shown above shall be subject to the approval of the Engineer.
FUEL PRICE ADJUSTMENT. A benchmark price for diesel fuel will be established on the closing date for the tender, Tuesday, August 23, 2022 based on the price posted by the Island Regulatory and Appeals Commission on that date. At the completion of the contract, the Department will apply the calculated monthly price adjustment as outlined in the Table below to the Contractor’s invoices for each appropriate month. These adjustments will be based on the monthly retail price of diesel fuel for Charlottetown as established by XX Xxxxx & Associates. % Fuel Increase or Decrease Price Change +/- Unit bid price per tonne - Schedule “C” 10.1 - 15.0 2% 15.1 - 20.0 4% 20.1 - 25.0 6% 25.1 - 30.0 8% 30.1 - 35.0 10% 35.1 - 40.0 12% 40.1 - 45.0 14% 45.1 - 50.0 16%
FUEL PRICE ADJUSTMENT. THE FIFTH PARAGRAPH IS CHANGED TO: The Department will calculate fuel price adjustment on a monthly basis using the following formula: F = (MF − BF) G Where:
FUEL PRICE ADJUSTMENT. In the event that the actual price for JET A-1 fuel (FOB Barges Rotterdam) as published by S&P Global Platts on date of Agreement and the same on date of the first flight under the Agreement, has increased with more than 5% (five percent), the Carrier will be entitled to charge the Charterer a fuel surcharge on the charter pricing calculated as the part of the charter price constituting the fuel price, multiplied by the ratio of referenced fuel price on date of the first flight under the Agreement, divided by referenced fuel price on date of the Agreement.
FUEL PRICE ADJUSTMENT. (11-15-05) (Rev. 7-20-21) 109-8 SP1 G43 Revise the 2018 Standard Specifications as follows: The base index price for DIESEL #2 FUEL is $ 2.1637 per gallon. Where any of the following are included as pay items in the contract, they will be eligible for fuel price adjustment. The pay items and the fuel factor used in calculating adjustments to be made will be as follows: Unclassified Excavation Gal/CY 0.29 Borrow Excavation Gal/CY 0.29 Class IV Subgrade Stabilization Gal/Ton 0.55 Aggregate Base Course Gal/Ton 0.55 Sub-Ballast Gal/Ton 0.55 Asphalt Concrete Base Course, Type Gal/Ton 0.90 or 2.90 Asphalt Concrete Intermediate Course, Type _ Gal/Ton 0.90 or 2.90 Asphalt Concrete Surface Course, Type Gal/Ton 0.90 or 2.90 Open-Graded Asphalt Friction Course Gal/Ton 0.90 or 2.90 Permeable Asphalt Drainage Course, Type Gal/Ton 0.90 or 2.90 Sand Asphalt Surface Course, Type Gal/Ton 0.90 or 2.90 Aggregate for Cement Treated Base Course Gal/Ton 0.55 Portland Cement for Cement Treated Base Course Gal/Ton 0.55 " Portland Cement Concrete Pavement Gal/SY 0.245 Concrete Shoulders Adjacent to " Pavement Gal/SY 0.245 For the asphalt items noted in the chart as eligible for fuel adjustments, the bidder may include the Fuel Usage Factor Adjustment Form with their bid submission if they elect to use the fuel usage factor. The Fuel Usage Factor Adjustment Form is found at the following link: Select either 2.90 Gal/Ton fuel factor or 0.90 Gal/Ton fuel factor for each asphalt line item on the Fuel Usage Factor Adjustment Form. The selected fuel factor for each asphalt item will remain in effect for the duration of the contract. Failure to complete the Fuel Usage Factor Adjustment Form will result in using 2.90 gallons per ton as the Fuel Usage Factor for Diesel for the asphalt items noted above. The contractor will not be permitted to change the Fuel Usage Factor after the bids are submitted. (7-15-08) (Rev. 5-13-19) 108-2 SP1 G58 The Contractor's attention is directed to the Standard Special Provision entitled Availability of Funds Termination of Contracts included elsewhere in this proposal. The Department of Transportation's schedule of estimated completion progress for this project as required by that Standard Special Provision is as follows: Fiscal Year Progress (% of Dollar Value) 2022 (7/01/21 - 6/30/22) 63% of Total Amount Bid 2023 (7/01/22 - 6/30/23) 37% of Total Amount Bid The Contractor shall also furnish his own progress schedule in accordance with Article 108-2 of the ...
FUEL PRICE ADJUSTMENT. Base price shall be firm other than decrease or increase monthly (November to June) related to Fuel Cost and is based on the posted price of diesel fuel from the US DOE Weekly Retail On-Highway Price Publication for PADD 1A New England regions at xxx.xxx.xxx/xxxxxxxxx/xxxxxxxxx/. Adjustment is the difference between the price June 18, 2018 ($3.290) and the price published on the first Monday of each month and effective the following Monday, adjusted price is posted at HTTP: xxxx://xxx.xxxxxxx.xxx/sites/bgs/files/files/purchasing- contracting/contracts/Copy%20of%20Salt%20Pricing%202016-2017%20%281%29.pdf PENALTIES: Salt may be rejected if it fails to conform to any of the requirements of the specification deliveries that are accepted that do not conform to requirements for moisture content and/or gradation are subject to penalties stated in the conditions and specifications.
FUEL PRICE ADJUSTMENT. Not later than three (3) Business Days, nor earlier than five (5) Business Days, prior to the Closing Date, Seller shall demonstrate to Buyer’s reasonable satisfaction that the amount of Fuel Stock is at least equal to the Minimum Fuel Requirement. To the extent such amount is less than or greater than the Minimum Fuel Requirement, the Base Purchase Price shall be adjusted, upward or downward, by an amount determined in accordance with Exhibit D (the Fuel Price Adjustment).
FUEL PRICE ADJUSTMENT. (11-15-05) (Rev. 2-18-14) 109-8 SP1 G43
FUEL PRICE ADJUSTMENT. THE FIFTH PARAGRAPH IS CHANGED TO: The monthly fuel price index will be posted every month on the Department’s web site: xxx.xxxxx.xx.xx/xxxxxxxxxxxxxx/xxx/XXXXX/XxxxxXxxxx.xxxx. THE FIRST SENTENCE OF THE SIXTH PARAGRAPH IS CHANGED TO: The basic fuel price index will be the previous month’s fuel price index before receipt of bids. THE EIGHTH PARAGRAPH IS DELETED:
FUEL PRICE ADJUSTMENT. The Fee Per Case shall be adjusted every six months (6) to reflect the increases or decreases in fuel costs per gallon, on a one month lagged basis, in the following fashion: The October 1,2003 West Coast fuel price published on the 1st day of October or first date of publication following the 1st day of October (which is compiled by Energy Information Administration, Retail On-Highway Diesel Prices, National Average as shown on their Website:http:www.cia.doe.gov/pub/oil_gas/ petroleum/data_publications/weeklx_xx_xxxxxxx_xxxxxx_xxxxxx/xurrent/html/ html/diesel.html) will be subtracted From the West Coast fuel price for subsequent bi-annual adjustment. For every $0.10 per gallon increase or decrease in fuel prices the markup per case will increase or decrease by $0.
01. Fuel cost adjustments shall be added to or subtracted from the Fee Per Case at the beginning of the accounting period following the first of the month fuel cost posting.