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Asphalt, Fuel, Cement & Reinforcing Steel Price Adjustments The Connecticut Department of Transportation furnishes price information for various commodities that are adjusted in contracts to account for market fluctuations. The commodities currently being adjusted in one or more contracts are: Asphalt, Fuel, Cement and Reinforcing Steel (coated and uncoated deformed steel bars). Instructions and applicable specifications for calculating the adjustments are contained in the specific ConnDOT Contract Specifications. Special Provisions Cement (pdf 16kb) Reinforcing Steel (pdf 16kb) Fuel (pdf 15kb) Asphalt (pdf 19 kb) New 2009 – "Beginning on the calendar date January 3, 2009, the Asphalt Price for the "East Coast Market – New England, For existing contracts that continue to use a PG64-28 binder grade, the selling price of PG64-28 as listed in the ASPHALT WEEKLY MONITOR ® under the "East Coast Market – The Asphalt Adjustment Cost is the method of price adjustment for increases and decreases associated with changes in the price of the performance-graded binder component of bituminous concrete mixtures hot-mix asphalt (HMA). Asphalt prices through the previous Friday are posted to the website each Wednesday at approximately 9:00 A.M. Cement (pdf 16 kb) The Cement Cost Adjustment is the method of price adjustment for increases and decreases associated with changes in the price of cement used in specific contract items. Cement Cost Adjustments will be made if the difference between the Cement Base Price and Cement Period Price is greater than five percent (5%). Reinforcing Steel (pdf 23 kb) The Reinforcing Steel Cost Adjustment is the method of price adjustment for increases and decreases associated with both uncoated reinforcing steel and epoxy-coated reinforcing steel used in specific contract items: Reinforcing Steel Cost Adjustments will be made if the difference between the Rebar Base Price and Rebar Period Price is greater than five percent (5%). Fuel (pdf 26 kb)
The Fuel Cost Adjustment is the method of price adjustment for increases and decreases associated with the price of diesel fuel used to perform contract work. Fuel Cost Adjustments will be made if the difference between the Fuel Base Price and Fuel Period Price is greater than five percent (5%). Requests for additional information should be addressed to: Transportation Supervising Engineer Phone: (860) 594-2667 Back to Office of Construction Updated 09/01/09 |
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