Bituminous and Fuel Price Adjustment

TO ALL CONTRACTORS, SUBCONTRACTORS, MATERIAL SUPPLIERS, AND OTHERS INTERESTED IN WORK ON WHICH BIDS ARE SOLICITED BY THE ARIZONA DEPARTMENT OF TRANSPORTATION

PRICE ADJUSTMENT FOR BITUMINOUS MATERIAL AND DIESEL FUEL:

April 27, 2022

When appropriate, the special provisions for certain projects will contain a provision for adjustment of the cost of bituminous material.  This will be shown in Section 109 of the special provisions.

The  “initial  cost”  (IC),  as  the  term  is  used  in  the  special  provisions,  for bituminous  material  used  on projects on which bids are opened during the month of MAY 2022 is $635.00 per ton and this value will also be deemed to be the “current price” (CP) for the month of MAY 2022 for projects in construction.

Also,  when  included  in  the  special  provisions  for  certain  projects,  an  adjustment  to the  contractor’s monthly   progress   payment   may   be   made   when   fluctuations   in   the   price   of   diesel   fuel   exceed + 15 percent of the “initial cost”.   An adjustment, if applicable, will be made as specified in Section 109 of the special provisions.

The “initial cost” (IC), as the term is used in the special provisions, for diesel fuel for projects on which bids are opened during the month of MAY 2022 is $4.02 per gallon.  This valuewill also be deemed to be the “current price” (CP) for the month of APRIL 2022 for projects in construction.

Copies of the most recent versions of the special provisions for bituminous material price adjustment and diesel fuel price adjustments are available from Contracts & Specifications Section.

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