31502PriceAdjust24.xlsx
XLSX spreadsheet 204 KB Posted
- Contract number
- 23334
- Issued by
- New York
About this file
This document is a state contract vehicle for bituminous concrete (asphalt mix and cold patch) issued by the New York State Department of Transportation (NYSDOT), covering a statewide contract with multiple contract numbers (PC70617 - PC70673). The contract includes a comprehensive price adjustment mechanism for asphalt materials, utilizing the U.S. Bureau of Labor Statistics' Producer Price Index (PPI) for monthly and quarterly price modifications, with Award #23371 under Contract #31502.
The contract covers various asphalt mix items including bituminous stabilized course, miscellaneous patching materials, shim course, and top/binder course asphalts with different compaction series. The pricing is based on a base index of $593.000 per ton established on November 1, 2024, with monthly adjustments reflecting changes in asphalt cement prices. Price adjustments are calculated using a formula that considers both the binder adjustment (based on F.O.B. terminal prices) and a periodic PPI adjustment, with specific percentage allowances for asphalt content and fuel. The document also includes provisions for cold patch materials with similar adjustment mechanisms, and provides interactive calculators to help contractors determine precise price modifications across different asphalt and cold patch material types.
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Other files
| File | Type | Posted |
|---|---|---|
| 3155523334ContractSpecifics.pdf | ||
| 3155523334ra.pdf | ||
| 3155523334PLQQ.pdf | ||
| 3155523334Insurance.pdf | ||
| 3155523334p.pdf | ||
| 31555PriceAdjust23.xlsx | XLSX spreadsheet | |
| 315xxPriceAdjust24.xlsx | XLSX spreadsheet | |
| 315xxPriceAdjust25.xlsx | XLSX spreadsheet |
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Text version
July 2025 Asphalt Price Adjustment - July 2025
| Group | Description | Award # | Contract No. |
| 31502 | Comprehensive Bituminous Concrete |
(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673
Bituminous materials price adjustment(s) EFFECTIVE on: July 1, 2025 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt
| (Performance Graded Binder) | PPI - DATES FOR IMPLEMENTATION: | ||||||||||||||||||
| Award(s) using November 1, 2024 base index of | $593.000 | per ton. | |||||||||||||||||
| In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025 | Posted Price | Instructions PPI: | |||||||||||||||||
| the following price adjustments have been calculated. | Contract Manager Input | Posted Price | 2025 | BLS Month | |||||||||||||||
| for Calculation | PPI's Month | ||||||||||||||||||
| for Calculation | Effective Date | ||||||||||||||||||
| for Adjustment | PPI & CPI | ||||||||||||||||||
| Base Month | a) Go to: http://www.bls.gov/data/ | ||||||||||||||||||
| MONTHLY PG 64S-22 BINDER ADJUSTMENT: | The July 2025 Average is | $646.000 | per ton | Year: | 2025 | Month | $/ton | April-25 | 485.560 | July 1, 2025 | December-24 | b) Choose "Price Producer" -> Industry Data -> Multi-Screen Data-Search. | |||||||
| (F.O.B. Terminal Price for unmodified PG 64S-22 binder without anti-stripping agent) | Month: | July | January | - | August 1, 2025 | c) In the "Choose Industry" box, scroll down and highlight "21231 - Stone mining & quarrying" and click on "Next Form". | |||||||||||||
| The November 1, 2024 Base Average FOB Terminal Price for Asphalt Cement was | $593.000 | per ton. | February | - | September 1, 2025 | d) Select "21231 - Stone mining & quarrying" again and click on "Next Form". | |||||||||||||
| Until further notice, please revise the original contract per ton prices for materials in the referenced awards by using the price adjustments listed below: | Asphalt Price Adjustment | March | - | July-25 | October 1, 2025 | e) At the next page click "Retrieve data". This brings you to the chart where you pull the numbers from and can calculate PPI as shown in the examples in the award document. | |||||||||||||
| Old Average = | $593.000 | April | 621 | November 1, 2025 | |||||||||||||||
| Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch) | |||||||||||||||||||
| can be found at the bottom of this page. | New Average = | $646.000 | May | 626 | December 1, 2025 | ||||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | October-25 | January 1, 2026 | |||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | April-25 | July | 646 | March 1, 2026 | ||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL | ||||||||||||||||
| ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | New PPI for that Month: | 485.560 | August | January-26 | April 1, 2026 | ||||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.988 | ERROR:#VALUE! | Base PPI Month | December 2024 | September | May 1, 2026 | ||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $4.161 | ERROR:#REF! | Base PPI Value | 459.404 | October | June 1, 2026 | ||||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $4.161 | ERROR:#REF! | Effective Date for Adjustment | 01-Jul-25 | November | April-26 | July 1, 2026 | |||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $4.161 | ERROR:#REF! | December | August 1, 2026 | ||||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $4.161 | ERROR:#REF! | 2026 | September 1, 2026 | ||||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $4.903 | ERROR:#REF! | Month | $/ton | July-26 | October 1, 2026 | ||||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | $4.081 | ERROR:#REF! | January | November 1, 2026 | ||||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $3.816 | ERROR:#REF! | February | December 1, 2026 | ||||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $3.445 | ERROR:#REF! | March | October-26 | January 1, 2027 | |||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $3.127 | ERROR:#REF! | April | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $2.915 | ERROR:#REF! | May | March 1, 2027 | ||||||||
| June | January-27 | April 1, 2027 | ||||||||||||||
| PERIODIC PPI PRICE ADJUSTMENT: | July | May 1, 2027 | ||||||||||||||
| Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes in | August | June 1, 2027 | ||||||||||||||
| the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items. | September | N/A Until July 1st | N/A Until July 1st | N/A Until July 1st | ||||||||||||
| Price adjustments will NOT be recalculated if PPI changes due to change in (P) status. | October | |||||||||||||||
| Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying) | November | |||||||||||||||
| The PPI value for | December 2024 | ("Base" month for calculations) is | 459.404 | December | ||||||||||||
| 2027 | ||||||||||||||||
| The New Bureau of Labor of Statistics (BLS) PPI for the month of | April-25 | used for Calculation is | 485.560 | Month | $/ton | |||||||||||
| January | ||||||||||||||||
| Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2: | February | |||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
ALLOWANCE DIFFERENCE
(100% Material Minus Total % Asphalt Plus
| Fuel Allowance) | QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGE | March | ||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | 96.25% | 5.00% | April | 0.0569346371 | ||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | May | 5.00% | |||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | June | 5.00% | |||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | July | 5.00% | |||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | August | 5.00% | |||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | 90.75% | September | 5.00% | |||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | 92.30% | October | 5.00% | |||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | 92.80% | November | 5.00% | |||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | 93.50% | December | 5.00% | |||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | 94.10% | 5.00% | ||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | 94.50% | 5.00% |
| Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS | ||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | |||||||
| 15402.2010 | Cold Patch - Regular Mix | 6.00 | 1.00 | 7.00 | $3.710 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $3.710 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $3.710 | ERROR:#REF! |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: ASPHALT MIX ITEMS
| Step 1 : Binder Adjustment: |
| Enter the Material's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 1 above = Note: Enter a negative number if the Price Adjustment in Table 1 shows a negative adjustment
Total Binder Adjustment for that Material = $0.000
| Step 2 : PPI Adjustment: |
| Enter the Material's "Quarterly PPI Price Adjustment Percentage" as found |
in Table 2 above = Note: Don't enter the percentage sign, just the number
Enter the Material's "Difference of 100% Material Minus Total % Asphalt + Fuel Allowance" as found in Table 2 above = Note: Don't enter the percentage sign, just the number
Total PPI Adjustment for that Material = $0.000
| Step 3 : Final Total Price/Ton After Adjustment: (Binder Adjustment + PPI Adjustment) | ||
| Total Material Price/Ton After Adjustment (Binder Adjust. + PPI Adjust.) = | $0.000 | /Ton |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: COLD PATCH ITEMS
| Material Adjustment (Note: there is not PPI Adjustment for Cold Patch Items) |
| Enter the Cold Patch's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 3 above = Note: Enter a negative number if the Price Adjustment in Table 1 shows a negative adjustment
Final Total Cold Patch Material Adjustment = $0.000 /Ton
EXAMPLE OF HOW TO CALCULATE ASPHALT MIX MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Asphalt Mix items will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
Allowance)
Note: To obtain the correct price adjustment for an Asphalt Mix material, both charts (part 1 and 2) above must be utilized
| Example: 1 ton of 302.01 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||||
| Binder Adjustment: | ||||
| $45.000 + ($1.9875) = | $46.988 | |||
| PPI Adjustment: | ||||
| $45.000 x 5.00% = | $2.250 | |||
| $2.25 x 96.25% (Difference of 100% Material Minus Total % Asphalt + Fuel Allowance) = | $2.166 | 2.165625 | ||
| Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment) | ||||
| $46.9875 + $2.165625 = | $49.153 |
EXAMPLE OF HOW TO CALCULATE COLD PATCH MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Cold Patch will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
| Example: 1 ton of 15402.2010 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||
| Binder Adjustment: | ||
| $45.000 + ($3.71) = | $48.710 | |
| Total Material Price After Adjustment: | $48.710 |
http://www.bls.gov/data/ June 2025 Asphalt Price Adjustment - June 2025
| Group | Description | Award # | Contract No. |
| 31502 | Comprehensive Bituminous Concrete |
(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673
Bituminous materials price adjustment(s) EFFECTIVE on: June 1, 2025 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt
| (Performance Graded Binder) | PPI - DATES FOR IMPLEMENTATION: | |||||||||||||||||
| Award(s) using November 1, 2024 base index of | $593.000 | per ton. | ||||||||||||||||
| In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025 | Posted Price | Instructions PPI: | ||||||||||||||||
| the following price adjustments have been calculated. | Contract Manager Input | Posted Price | 2025 | BLS Month | ||||||||||||||
| for Calculation | PPI's Month | |||||||||||||||||
| for Calculation | Effective Date | |||||||||||||||||
| for Adjustment | PPI & CPI | |||||||||||||||||
| Base Month | a) Go to: http://www.bls.gov/data/ | |||||||||||||||||
| MONTHLY PG 64S-22 BINDER ADJUSTMENT: | The June 2025 Average is | $632.000 | per ton | Year: | 2025 | Month | $/ton | April-25 | July 1, 2025 | December-24 | b) Choose "Price Producer" -> Industry Data -> Multi-Screen Data-Search. | |||||||
| (F.O.B. Terminal Price for unmodified PG 64S-22 binder without anti-stripping agent) | Month: | June | January | - | August 1, 2025 | c) In the "Choose Industry" box, scroll down and highlight "21231 - Stone mining & quarrying" and click on "Next Form". | ||||||||||||
| The November 1, 2024 Base Average FOB Terminal Price for Asphalt Cement was | $593.000 | per ton. | February | - | September 1, 2025 | d) Select "21231 - Stone mining & quarrying" again and click on "Next Form". | ||||||||||||
| Until further notice, please revise the original contract per ton prices for materials in the referenced awards by using the price adjustments listed below: | Asphalt Price Adjustment | March | - | July-25 | October 1, 2025 | e) At the next page click "Retrieve data". This brings you to the chart where you pull the numbers from and can calculate PPI as shown in the examples in the award document. | ||||||||||||
| Old Average = | $593.000 | April | 621 | November 1, 2025 | ||||||||||||||
| Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch) | ||||||||||||||||||
| can be found at the bottom of this page. | New Average = | $632.000 | May | 626 | December 1, 2025 | |||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | October-25 | January 1, 2026 | ||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | N/A Until July 1st | August | March 1, 2026 | ||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL | |||||||||||||||
| ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | New PPI for that Month: | N/A Until July 1st | September | January-26 | April 1, 2026 | ||||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.463 | ERROR:#VALUE! | Base PPI Month | December 2024 | October | May 1, 2026 | ||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.062 | ERROR:#REF! | Base PPI Value | 459.404 | November | June 1, 2026 | ||||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.062 | ERROR:#REF! | Effective Date for Adjustment | N/A Until July 1st | December | April-26 | July 1, 2026 | |||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.062 | ERROR:#REF! | 2026 | August 1, 2026 | ||||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.062 | ERROR:#REF! | Month | $/ton | September 1, 2026 | |||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $3.608 | ERROR:#REF! | January | July-26 | October 1, 2026 | |||||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | $3.003 | ERROR:#REF! | February | November 1, 2026 | ||||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $2.808 | ERROR:#REF! | March | December 1, 2026 | ||||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $2.535 | ERROR:#REF! | April | October-26 | January 1, 2027 | |||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $2.301 | ERROR:#REF! | May | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $2.145 | ERROR:#REF! | June | March 1, 2027 | ||||||||
| July | January-27 | April 1, 2027 | ||||||||||||||
| PERIODIC PPI PRICE ADJUSTMENT: | August | May 1, 2027 | ||||||||||||||
| Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes in | September | June 1, 2027 | ||||||||||||||
| the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items. | October | N/A Until July 1st | N/A Until July 1st | N/A Until July 1st | ||||||||||||
| Price adjustments will NOT be recalculated if PPI changes due to change in (P) status. | November | |||||||||||||||
| Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying) | December | |||||||||||||||
| The PPI value for | December 2024 | ("Base" month for calculations) is | 459.404 | 2027 | ||||||||||||
| Month | $/ton | |||||||||||||||
| The New Bureau of Labor of Statistics (BLS) PPI for the month of | N/A Until July 1st | used for Calculation is | N/A Until July 1st | January | ||||||||||||
| February | ||||||||||||||||
| Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2: | March | |||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
ALLOWANCE DIFFERENCE
(100% Material Minus Total % Asphalt Plus
| Fuel Allowance) | QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGE | April | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | 96.25% | 0% | |||||
| (There will be no PPI adjustment until July 2025) | May | ERROR:#VALUE! | |||||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | June | ERROR:#VALUE! | ||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | July | ERROR:#VALUE! | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | August | ERROR:#VALUE! | ||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | September | ERROR:#VALUE! | ||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | 90.75% | October | ERROR:#VALUE! | ||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | 92.30% | November | ERROR:#VALUE! | ||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | 92.80% | December | ERROR:#VALUE! | ||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | 93.50% | ERROR:#VALUE! | |||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | 94.10% | ERROR:#VALUE! | |||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | 94.50% | ERROR:#VALUE! |
| Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS | ||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | |||||||
| 15402.2010 | Cold Patch - Regular Mix | 6.00 | 1.00 | 7.00 | $2.730 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $2.730 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $2.730 | ERROR:#REF! |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: ASPHALT MIX ITEMS
| Step 1 : Binder Adjustment: |
| Enter the Material's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 1 above = Note: Enter a negative number if the Price Adjustment in Table 1 shows a negative adjustment
Total Binder Adjustment for that Material = $0.000
| Step 2 : PPI Adjustment: |
| Enter the Material's "Quarterly PPI Price Adjustment Percentage" as found |
in Table 2 above = Note: Don't enter the percentage sign, just the number
Enter the Material's "Difference of 100% Material Minus Total % Asphalt + Fuel Allowance" as found in Table 2 above = Note: Don't enter the percentage sign, just the number
Total PPI Adjustment for that Material = $0.000
| Step 3 : Final Total Price/Ton After Adjustment: (Binder Adjustment + PPI Adjustment) | ||
| Total Material Price/Ton After Adjustment (Binder Adjust. + PPI Adjust.) = | $0.000 | /Ton |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: COLD PATCH ITEMS
| Material Adjustment (Note: there is not PPI Adjustment for Cold Patch Items) |
| Enter the Cold Patch's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 3 above =
Final Total Cold Patch Material Adjustment = $0.000 /Ton
EXAMPLE OF HOW TO CALCULATE ASPHALT MIX MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Asphalt Mix items will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
Note: To obtain the correct price adjustment for an Asphalt Mix material, both charts (part 1 and 2) above must be utilized
| Example: 1 ton of 302.01 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||||||
| Binder Adjustment: | ||||||
| $45.000 + ($1.4625) = | $46.463 | |||||
| PPI Adjustment: | ||||||
| $45.000 x 0% | ||||||
| (There will be no PPI adjustment until July 2025) = | ERROR:#VALUE! | |||||
| ERROR:#VALUE! | ERROR:#VALUE! | ERROR:#VALUE! | ||||
| Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment) | ||||||
| ERROR:#VALUE! | ERROR:#VALUE! |
EXAMPLE OF HOW TO CALCULATE COLD PATCH MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Cold Patch will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
| Example: 1 ton of 15402.2010 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||
| Binder Adjustment: | ||
| $45.000 + ($2.73) = | $47.730 | |
| Total Material Price After Adjustment: | $47.730 |
May 2025 Asphalt Price Adjustment - May 2025
| Group | Description | Award # | Contract No. |
| 31502 | Comprehensive Bituminous Concrete |
(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673
Bituminous materials price adjustment(s) EFFECTIVE on: May 1, 2025 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt
| (Performance Graded Binder) | PPI - DATES FOR IMPLEMENTATION: | |||||||||||||||||
| Award(s) using November 1, 2024 base index of | $593.000 | per ton. | ||||||||||||||||
| In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025 | Posted Price | Instructions PPI: | ||||||||||||||||
| the following price adjustments have been calculated. | Contract Manager Input | Posted Price | 2025 | BLS Month | ||||||||||||||
| for Calculation | PPI's Month | |||||||||||||||||
| for Calculation | Effective Date | |||||||||||||||||
| for Adjustment | PPI & CPI | |||||||||||||||||
| Base Month | a) Go to: http://www.bls.gov/data/ | |||||||||||||||||
| MONTHLY PG 64S-22 BINDER ADJUSTMENT: | The May 2025 Average is | $626.000 | per ton | Year: | 2025 | Month | $/ton | April-25 | July 1, 2025 | December-24 | b) Choose "Price Producer" -> Industry Data -> Multi-Screen Data-Search. | |||||||
| (F.O.B. Terminal Price for unmodified PG 64S-22 binder without anti-stripping agent) | Month: | May | January | - | August 1, 2025 | c) In the "Choose Industry" box, scroll down and highlight "21231 - Stone mining & quarrying" and click on "Next Form". | ||||||||||||
| The November 1, 2024 Base Average FOB Terminal Price for Asphalt Cement was | $593.000 | per ton. | February | - | September 1, 2025 | d) Select "21231 - Stone mining & quarrying" again and click on "Next Form". | ||||||||||||
| Until further notice, please revise the original contract per ton prices for materials in the referenced awards by using the price adjustments listed below: | Asphalt Price Adjustment | March | - | July-25 | October 1, 2025 | e) At the next page click "Retrieve data". This brings you to the chart where you pull the numbers from and can calculate PPI as shown in the examples in the award document. | ||||||||||||
| Old Average = | $593.000 | April | 621 | November 1, 2025 | ||||||||||||||
| Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch) | ||||||||||||||||||
| can be found at the bottom of this page. | New Average = | $626.000 | May | 626 | December 1, 2025 | |||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | October-25 | January 1, 2026 | |||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | N/A Until July 1st | August | March 1, 2026 | ||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL | |||||||||||||||
| ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | New PPI for that Month: | N/A Until July 1st | September | January-26 | April 1, 2026 | ||||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.238 | ERROR:#VALUE! | Base PPI Month | December 2024 | October | May 1, 2026 | ||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.591 | ERROR:#REF! | Base PPI Value | 459.404 | November | June 1, 2026 | ||||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.591 | ERROR:#REF! | Effective Date for Adjustment | N/A Until July 1st | December | April-26 | July 1, 2026 | |||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.591 | ERROR:#REF! | 2026 | August 1, 2026 | ||||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.591 | ERROR:#REF! | Month | $/ton | September 1, 2026 | |||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $3.053 | ERROR:#REF! | January | July-26 | October 1, 2026 | |||||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | $2.541 | ERROR:#REF! | February | November 1, 2026 | ||||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $2.376 | ERROR:#REF! | March | December 1, 2026 | ||||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $2.145 | ERROR:#REF! | April | October-26 | January 1, 2027 | |||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $1.947 | ERROR:#REF! | May | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $1.815 | ERROR:#REF! | June | March 1, 2027 | ||||||||
| July | January-27 | April 1, 2027 | ||||||||||||||
| PERIODIC PPI PRICE ADJUSTMENT: | August | May 1, 2027 | ||||||||||||||
| Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes in | September | June 1, 2027 | ||||||||||||||
| the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items. | October | N/A Until July 1st | N/A Until July 1st | N/A Until July 1st | ||||||||||||
| Price adjustments will NOT be recalculated if PPI changes due to change in (P) status. | November | |||||||||||||||
| Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying) | December | |||||||||||||||
| The PPI value for | December 2024 | ("Base" month for calculations) is | 459.404 | 2027 | ||||||||||||
| Month | $/ton | |||||||||||||||
| The New Bureau of Labor of Statistics (BLS) PPI for the month of | N/A Until July 1st | used for Calculation is | N/A Until July 1st | January | ||||||||||||
| February | ||||||||||||||||
| Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2: | March | |||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
ALLOWANCE DIFFERENCE
(100% Material Minus Total % Asphalt Plus
| Fuel Allowance) | QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGE | April | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | 96.25% | 0% | |||||
| (There will be no PPI adjustment until July 2025) | May | ERROR:#VALUE! | |||||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | June | ERROR:#VALUE! | ||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | July | ERROR:#VALUE! | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | August | ERROR:#VALUE! | ||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | September | ERROR:#VALUE! | ||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | 90.75% | October | ERROR:#VALUE! | ||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | 92.30% | November | ERROR:#VALUE! | ||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | 92.80% | December | ERROR:#VALUE! | ||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | 93.50% | ERROR:#VALUE! | |||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | 94.10% | ERROR:#VALUE! | |||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | 94.50% | ERROR:#VALUE! |
| Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS | ||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | |||||||
| 15402.2010 | Cold Patch - Regular Mix | 6.00 | 1.00 | 7.00 | $2.310 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $2.310 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $2.310 | ERROR:#REF! |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: ASPHALT MIX ITEMS
| Step 1 : Binder Adjustment: |
| Enter the Material's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 1 above = Note: Enter a negative number if the Price Adjustment in Table 1 shows a negative adjustment
Total Binder Adjustment for that Material = $0.000
| Step 2 : PPI Adjustment: |
| Enter the Material's "Quarterly PPI Price Adjustment Percentage" as found |
in Table 2 above = Note: Don't enter the percentage sign, just the number
Enter the Material's "Difference of 100% Material Minus Total % Asphalt + Fuel Allowance" as found in Table 2 above = Note: Don't enter the percentage sign, just the number
Total PPI Adjustment for that Material = $0.000
| Step 3 : Final Total Price/Ton After Adjustment: (Binder Adjustment + PPI Adjustment) | ||
| Total Material Price/Ton After Adjustment (Binder Adjust. + PPI Adjust.) = | $0.000 | /Ton |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: COLD PATCH ITEMS
| Material Adjustment (Note: there is not PPI Adjustment for Cold Patch Items) |
| Enter the Cold Patch's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 3 above =
Final Total Cold Patch Material Adjustment = $0.000 /Ton
EXAMPLE OF HOW TO CALCULATE ASPHALT MIX MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Asphalt Mix items will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
Note: To obtain the correct price adjustment for an Asphalt Mix material, both charts (part 1 and 2) above must be utilized
| Example: 1 ton of 302.01 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||||||
| Binder Adjustment: | ||||||
| $45.000 + ($1.2375) = | $46.238 | |||||
| PPI Adjustment: | ||||||
| $45.000 x 0% | ||||||
| (There will be no PPI adjustment until July 2025) = | ERROR:#VALUE! | |||||
| ERROR:#VALUE! | ERROR:#VALUE! | ERROR:#VALUE! | ||||
| Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment) | ||||||
| ERROR:#VALUE! | ERROR:#VALUE! |
EXAMPLE OF HOW TO CALCULATE COLD PATCH MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Cold Patch will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
| Example: 1 ton of 15402.2010 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||
| Binder Adjustment: | ||
| $45.000 + ($2.31) = | $47.310 | |
| Total Material Price After Adjustment: | $47.310 |
April 2025 Asphalt Price Adjustment - April 2025
| Group | Description | Award # | Contract No. |
| 31502 | Comprehensive Bituminous Concrete |
(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673
Bituminous materials price adjustment(s) EFFECTIVE on: April 1, 2025 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt
| (Performance Graded Binder) | PPI - DATES FOR IMPLEMENTATION: | ||||||||||||||||
| Award(s) using November 1, 2024 base index of | $593.000 | per ton. | |||||||||||||||
| In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025 | Posted Price | Instructions PPI: | |||||||||||||||
| the following price adjustments have been calculated. | Contract Manager Input | Posted Price | 2025 | BLS Month | |||||||||||||
| for Calculation | PPI's Month | ||||||||||||||||
| for Calculation | Effective Date | ||||||||||||||||
| for Adjustment | PPI & CPI | ||||||||||||||||
| Base Month | a) Go to: http://www.bls.gov/data/ | ||||||||||||||||
| MONTHLY PG 64S-22 BINDER ADJUSTMENT: | The April 2025 Average is | $621.000 | per ton | Year: | 2025 | Month | $/ton | April-25 | July 1, 2025 | December-24 | b) Choose "Price Producer" -> Industry Data -> Multi-Screen Data-Search. | ||||||
| (F.O.B. Terminal Price for unmodified PG 64S-22 binder without anti-stripping agent) | Month: | April | January | - | August 1, 2025 | c) In the "Choose Industry" box, scroll down and highlight "21231 - Stone mining & quarrying" and click on "Next Form". | |||||||||||
| The November 1, 2024 Base Average FOB Terminal Price for Asphalt Cement was | $593.000 | per ton. | February | - | September 1, 2025 | d) Select "21231 - Stone mining & quarrying" again and click on "Next Form". | |||||||||||
| Until further notice, please revise the original contract per ton prices for materials in the referenced awards by using the price adjustments listed below: | Asphalt Price Adjustment | March | - | July-25 | October 1, 2025 | e) At the next page click "Retrieve data". This brings you to the chart where you pull the numbers from and can calculate PPI as shown in the examples in the award document. | |||||||||||
| Old Average = | $593.000 | April | 621 | November 1, 2025 | |||||||||||||
| Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch) | |||||||||||||||||
| can be found at the bottom of this page. | New Average = | $621.000 | May | December 1, 2025 | |||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | October-25 | January 1, 2026 | ||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | N/A Until July 1st | August | March 1, 2026 | |||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL | ||||||||||||||
| ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | New PPI for that Month: | N/A Until July 1st | September | January-26 | April 1, 2026 | ||||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.050 | ERROR:#VALUE! | Base PPI Month | December 2024 | October | May 1, 2026 | ||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | Base PPI Value | 459.404 | November | June 1, 2026 | ||||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | Effective Date for Adjustment | N/A Until July 1st | December | April-26 | July 1, 2026 | |||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | 2026 | August 1, 2026 | ||||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | Month | $/ton | September 1, 2026 | |||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $2.590 | ERROR:#REF! | January | July-26 | October 1, 2026 | |||||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | $2.156 | ERROR:#REF! | February | November 1, 2026 | ||||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $2.016 | ERROR:#REF! | March | December 1, 2026 | ||||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $1.820 | ERROR:#REF! | April | October-26 | January 1, 2027 | |||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $1.652 | ERROR:#REF! | May | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $1.540 | ERROR:#REF! | June | March 1, 2027 | ||||||||
| July | January-27 | April 1, 2027 | ||||||||||||||
| PERIODIC PPI PRICE ADJUSTMENT: | August | May 1, 2027 | ||||||||||||||
| Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes in | September | June 1, 2027 | ||||||||||||||
| the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items. | October | N/A Until July 1st | N/A Until July 1st | N/A Until July 1st | ||||||||||||
| Price adjustments will NOT be recalculated if PPI changes due to change in (P) status. | November | |||||||||||||||
| Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying) | December | |||||||||||||||
| The PPI value for | December 2024 | ("Base" month for calculations) is | 459.404 | 2027 | ||||||||||||
| Month | $/ton | |||||||||||||||
| The New Bureau of Labor of Statistics (BLS) PPI for the month of | N/A Until July 1st | used for Calculation is | N/A Until July 1st | January | ||||||||||||
| February | ||||||||||||||||
| Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2: | March | |||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
ALLOWANCE DIFFERENCE
(100% Material Minus Total % Asphalt Plus
| Fuel Allowance) | QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGE | April | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | 96.25% | 0% | |||||
| (There will be no PPI adjustment until July 2025) | May | ERROR:#VALUE! | |||||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | June | ERROR:#VALUE! | ||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | July | ERROR:#VALUE! | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | August | ERROR:#VALUE! | ||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | September | ERROR:#VALUE! | ||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | 90.75% | October | ERROR:#VALUE! | ||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | 92.30% | November | ERROR:#VALUE! | ||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | 92.80% | December | ERROR:#VALUE! | ||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | 93.50% | ERROR:#VALUE! | |||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | 94.10% | ERROR:#VALUE! | |||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | 94.50% | ERROR:#VALUE! |
| Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS | ||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | |||||||
| 15402.2010 | Cold Patch - Regular Mix | 6.00 | 1.00 | 7.00 | $1.960 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $1.960 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $1.960 | ERROR:#REF! |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: ASPHALT MIX ITEMS
| Step 1 : Binder Adjustment: |
| Enter the Material's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 1 above = Note: Enter a negative number if the Price Adjustment in Table 1 shows a negative adjustment
Total Binder Adjustment for that Material = $0.000
| Step 2 : PPI Adjustment: |
| Enter the Material's "Quarterly PPI Price Adjustment Percentage" as found |
in Table 2 above = Note: Don't enter the percentage sign, just the number
Enter the Material's "Difference of 100% Material Minus Total % Asphalt + Fuel Allowance" as found in Table 2 above = Note: Don't enter the percentage sign, just the number
Total PPI Adjustment for that Material = $0.000
| Step 3 : Final Total Price/Ton After Adjustment: (Binder Adjustment + PPI Adjustment) | ||
| Total Material Price/Ton After Adjustment (Binder Adjust. + PPI Adjust.) = | $0.000 | /Ton |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: COLD PATCH ITEMS
| Material Adjustment (Note: there is not PPI Adjustment for Cold Patch Items) |
| Enter the Cold Patch's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 3 above =
Final Total Cold Patch Material Adjustment = $0.000 /Ton
EXAMPLE OF HOW TO CALCULATE ASPHALT MIX MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Asphalt Mix items will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
Note: To obtain the correct price adjustment for an Asphalt Mix material, both charts (part 1 and 2) above must be utilized
| Example: 1 ton of 302.01 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||||||
| Binder Adjustment: | ||||||
| $45.000 + ($1.05) = | $46.050 | |||||
| PPI Adjustment: | ||||||
| $45.000 x 0% | ||||||
| (There will be no PPI adjustment until July 2025) = | ERROR:#VALUE! | |||||
| ERROR:#VALUE! | ERROR:#VALUE! | ERROR:#VALUE! | ||||
| Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment) | ||||||
| ERROR:#VALUE! | ERROR:#VALUE! |
EXAMPLE OF HOW TO CALCULATE COLD PATCH MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Cold Patch will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
| Example: 1 ton of 15402.2010 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||
| Binder Adjustment: | ||
| $45.000 + ($1.96) = | $46.960 | |
| Total Material Price After Adjustment: | $46.960 |
TEMPLATE
Asphalt Price Adjustment - April 2025
| Group | Description | Award # | Contract No. |
| 31502 | Comprehensive Bituminous Concrete |
(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673
Bituminous materials price adjustment(s) EFFECTIVE on: April 1, 2025 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt
| (Performance Graded Binder) | PPI - DATES FOR IMPLEMENTATION: | ||||||||||||||||
| Award(s) using November 1, 2024 base index of | $593.000 | per ton. | |||||||||||||||
| In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025 | Posted Price | Instructions PPI: | |||||||||||||||
| the following price adjustments have been calculated. | Contract Manager Input | Posted Price | 2025 | BLS Month | |||||||||||||
| for Calculation | PPI's Month | ||||||||||||||||
| for Calculation | Effective Date | ||||||||||||||||
| for Adjustment | PPI & CPI | ||||||||||||||||
| Base Month | a) Go to: http://www.bls.gov/data/ | ||||||||||||||||
| MONTHLY PG 64S-22 BINDER ADJUSTMENT: | The April 2025 Average is | $621.000 | per ton | Year: | 2025 | Month | $/ton | April-25 | July 1, 2025 | December-24 | b) Choose "Price Producer" -> Industry Data -> Multi-Screen Data-Search. | ||||||
| (F.O.B. Terminal Price for unmodified PG 64S-22 binder without anti-stripping agent) | Month: | April | January | - | August 1, 2025 | c) In the "Choose Industry" box, scroll down and highlight "21231 - Stone mining & quarrying" and click on "Next Form". | |||||||||||
| The November 1, 2024 Base Average FOB Terminal Price for Asphalt Cement was | $593.000 | per ton. | February | - | September 1, 2025 | d) Select "21231 - Stone mining & quarrying" again and click on "Next Form". | |||||||||||
| Until further notice, please revise the original contract per ton prices for materials in the referenced awards by using the price adjustments listed below: | Asphalt Price Adjustment | March | - | July-25 | October 1, 2025 | e) At the next page click "Retrieve data". This brings you to the chart where you pull the numbers from and can calculate PPI as shown in the examples in the award document. | |||||||||||
| Old Average = | $593.000 | April | 621 | November 1, 2025 | |||||||||||||
| Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch) | |||||||||||||||||
| can be found at the bottom of this page. | New Average = | $621.000 | May | December 1, 2025 | |||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | October-25 | January 1, 2026 | ||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | N/A Until July 1st | August | March 1, 2026 | |||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL | ||||||||||||||
| ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | New PPI for that Month: | N/A Until July 1st | September | January-26 | April 1, 2026 | ||||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.050 | ERROR:#VALUE! | Base PPI Month | December 2024 | October | May 1, 2026 | ||||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | Base PPI Value | 459.404 | November | June 1, 2026 | ||||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | Effective Date for Adjustment | N/A Until July 1st | December | April-26 | July 1, 2026 | |||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | 2026 | August 1, 2026 | ||||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $2.198 | ERROR:#REF! | Month | $/ton | September 1, 2026 | |||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $2.590 | ERROR:#REF! | January | July-26 | October 1, 2026 | |||||||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | $2.156 | ERROR:#REF! | February | November 1, 2026 | ||||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $2.016 | ERROR:#REF! | March | December 1, 2026 | ||||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $1.820 | ERROR:#REF! | April | October-26 | January 1, 2027 | |||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $1.652 | ERROR:#REF! | May | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $1.540 | ERROR:#REF! | June | March 1, 2027 | ||||||||
| July | January-27 | April 1, 2027 | ||||||||||||||
| PERIODIC PPI PRICE ADJUSTMENT: | August | May 1, 2027 | ||||||||||||||
| Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes in | September | June 1, 2027 | ||||||||||||||
| the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items. | October | N/A Until July 1st | N/A Until July 1st | N/A Until July 1st | ||||||||||||
| Price adjustments will NOT be recalculated if PPI changes due to change in (P) status. | November | |||||||||||||||
| Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying) | December | |||||||||||||||
| The PPI value for | December 2024 | ("Base" month for calculations) is | 459.404 | 2027 | ||||||||||||
| Month | $/ton | |||||||||||||||
| The New Bureau of Labor of Statistics (BLS) PPI for the month of | N/A Until July 1st | used for Calculation is | N/A Until July 1st | January | ||||||||||||
| February | ||||||||||||||||
| Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2: | March | |||||||||||||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
ALLOWANCE DIFFERENCE
(100% Material Minus Total % Asphalt Plus
| Fuel Allowance) | QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGE | April | ||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | 96.25% | ERROR:#VALUE! | May | ERROR:#VALUE! | ||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | June | ERROR:#VALUE! | |||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | July | ERROR:#VALUE! | |||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | August | ERROR:#VALUE! | |||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | 92.15% | September | ERROR:#VALUE! | |||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | 90.75% | October | ERROR:#VALUE! | |||
| 404.068X01 | 6.3 F(X), Top Course Asphalt, 80 Series Compaction | 6.70 | 1.00 | 7.70 | 92.30% | November | ERROR:#VALUE! | |||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | 92.80% | December | ERROR:#VALUE! | |||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | 93.50% | ERROR:#VALUE! | ||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | 94.10% | ERROR:#VALUE! | ||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | 94.50% | ERROR:#VALUE! |
| Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS | ||||
| ITEM | GRADE / DESCRIPTION | % ASPHALT | FUEL ALLOWANCE | TOTAL % ASPHALT |
PLUS FUEL
| ALLOWANCE | PRICE ADJUST / TON | |||||||
| 15402.2010 | Cold Patch - Regular Mix | 6.00 | 1.00 | 7.00 | $1.960 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $1.960 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $1.960 | ERROR:#REF! |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: ASPHALT MIX ITEMS
| Step 1 : Binder Adjustment: |
| Enter the Material's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 1 above = Note: Enter a negative number if the Price Adjustment in Table 1 shows a negative adjustment
Total Binder Adjustment for that Material = $0.000
| Step 2 : PPI Adjustment: |
| Enter the Material's "Quarterly PPI Price Adjustment Percentage" as found |
in Table 2 above = Note: Don't enter the percentage sign, just the number
Enter the Material's "Difference of 100% Material Minus Total % Asphalt + Fuel Allowance" as found in Table 2 above = Note: Don't enter the percentage sign, just the number
Total PPI Adjustment for that Material = $0.000
| Step 3 : Final Total Price/Ton After Adjustment: (Binder Adjustment + PPI Adjustment) | ||
| Total Material Price/Ton After Adjustment (Binder Adjust. + PPI Adjust.) = | $0.000 | /Ton |
INTERACTIVE PRICE ADJUSTMENT CALCULATOR: COLD PATCH ITEMS
| Material Adjustment (Note: there is not PPI Adjustment for Cold Patch Items) |
| Enter the Cold Patch's Unit Price/Ton shown in the Contractor's Quick Quote = |
Enter the "Price Adjustment/Ton" for that Material as found in Table 3 above =
Final Total Cold Patch Material Adjustment = $0.000 /Ton
EXAMPLE OF HOW TO CALCULATE ASPHALT MIX MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Asphalt Mix items will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
Note: To obtain the correct price adjustment for an Asphalt Mix material, both charts (part 1 and 2) above must be utilized
| Example: 1 ton of 302.01 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||||
| Binder Adjustment: | ||||
| $45.000 + ($1.05) = | $46.050 | |||
| PPI Adjustment: | ||||
| ERROR:#VALUE! | ERROR:#VALUE! | |||
| ERROR:#VALUE! | ERROR:#VALUE! | ERROR:#VALUE! | ||
| Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment) | ||||
| ERROR:#VALUE! | ERROR:#VALUE! |
EXAMPLE OF HOW TO CALCULATE COLD PATCH MATERIAL'S PRICE ADJUSTMENT
Unit prices per ton of Cold Patch will be subject to adjustment based on the following formula:
Price Adjustment = (
| (per ton) | New Monthly Average | |
| F.O.B. Terminal Price | - | Base Average F.O.B. |
| Terminal Price | ) X (Total % Asphalt + Fuel |
| Example: 1 ton of 15402.2010 at $45.000/ ton (example, not reflecting actual pricing from the contract) | ||
| Binder Adjustment: | ||
| $45.000 + ($1.96) = | $46.960 | |
| Total Material Price After Adjustment: | $46.960 |
File details come from the government source that posted it. Updated .