Asphalt Price Index definition

Asphalt Price Index means the Asphalt Price Index as determined and published by the New Jersey Department of Transportation.
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Asphalt Price Index means the Asphalt Price Index as
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Examples of Asphalt Price Index in a sentence

  • Ib = The California Statewide Paving Asphalt Price Index for the month in which the bid opening for the project occurred.

  • Iu = The California Statewide Paving Asphalt Price Index which is in effect on the first business day of the month within the pay period in which the quantity subject to adjustment was included in the estimate.

  • In the event of an overrun of contract time, adjustment in compensation for paving asphalt included in estimates during the overrun period will be determined using the California Statewide Paving Asphalt Price Index in effect on the first business day of the month within the pay period in which the overrun began.

  • This information consists of complete advertised sets of plans, special provisions, addenda, Federal Wages, Standard Plans, Standard Specifications, Asphalt Price Index, Construction Cost Index, Historical Cost Data, Bid Results, Plan Holders Lists, Bid Locations, Bidder Inquiries, and Award status.

  • The Department will adjust the price for bituminous material, excluding cutback and emulsified asphalt to reflect either increases or decreases in the Asphalt Price Index (API) of bituminous material from that in effect during the month in which bids were received.

  • The California Statewide Paving Asphalt Price Index is determined each month on the first business day of the month by the Department using the median of posted prices in effect as posted by Chevron, Mobil, and Unocal for the Buena Vista, Huntington Beach, Kern River, Long Beach, Midway Sunset, and Wilmington fields.

  • The Department will adjust the bid price for bituminous material Asphalt Content or Polymer PG76-22, excluding cutback and emulsified asphalt to reflect increases and decreases in the Asphalt Price Index (API) of bituminous material from that in effect during the month in which bids were received.Polymer adjustments will be in effect on Contracts let January 2007 and forward.

  • In the event of an overrun of contract time, adjustment in compensation for paving asphalt included in estimates during the overrun period will be determined using the California Statewide Paving Asphalt Price Index in effect of the first business day of the month within the pay period in which the overrun began.

  • The California Statewide Paving Asphalt Price Index is determined each month on the first business day of the month by the State of California, Department of Transportation using the median of posted prices in effect as posted by Chevron, Mobil, and Unocal for the Buena Vista, Huntington Beach, Kern River, Long Beach, Midway Sunset, and Wilmington fields.

  • When an estimate is generated, Bituminous Adjustments must be calculated per the Specifications using the Asphalt Price Index and the PA must add a manual line item adjustment to the estimate.

Related to Asphalt Price Index

  • Consumer Price Index means the Consumer Price Index for

  • CPI means the headline consumer price index (for all urban areas) annual inflation rate, or such amended or replacement index, as published monthly by Statistics South Africa in Statistical Release P0141, available from <http://www.statssa.gov.za>.

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.