31502PriceAdjust24.xlsx

XLSX spreadsheet 586 KB Posted

Attached to
Bituminous Concrete Asphalt Mixtures (2026 VPP)
Contract number
Bituminous Concrete Asphalt Mixtures (2026 VPP)
Issued by
New York

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Document Summary

This document is a New York State Department of Transportation (NYSDOT) statewide price adjustment schedule for Contract No. 31502, covering comprehensive bituminous concrete materials including asphalt mix and cold patch products. The contract, awarded under Award #23371, spans multiple contract numbers (PC70617 through PC70673) and applies to bituminous materials pricing adjustments effective from April 2025 through June 2026.

The contract establishes monthly and quarterly price adjustment mechanisms for asphalt mix items and cold patch materials based on the Producer Price Index (PPI) for stone mining and quarrying. The base reference price for Performance Graded PG 64S-22 binder was set at $593.00 per ton as of November 1, 2024, with monthly adjustments calculated using BLS data. Asphalt mix items, including bituminous stabilized course, miscellaneous patching, shim course, and top/binder course materials, are subject to two-part adjustments: a monthly binder adjustment reflecting price changes in PG 64S-22 asphalt cement, and a quarterly PPI adjustment of 5.00% applied to the non-asphalt/non-fuel material portion. Cold patch materials (regular mix, modified mix, and fiber reinforced) are adjusted monthly for binder price changes only, with no PPI adjustment applied. Monthly prices for asphalt binder ranged from $621.00 to $777.00 per ton during the contract period, resulting in monthly price adjustments per ton varying by material type and composition percentages.

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May 2026 Asphalt Price Adjustment - May 2026

GroupDescriptionAward #Contract No.
31502Comprehensive Bituminous Concrete

(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673

Bituminous materials price adjustment(s) EFFECTIVE on: May 1, 2026 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt

(Performance Graded Binder)PPI - DATES FOR IMPLEMENTATION:
Award(s) using November 1, 2024 base index of$593.000per ton.
In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025Posted PriceInstructions PPI:
the following price adjustments have been calculated.Contract Manager InputPosted Price2025BLS Month
for CalculationPPI's Month
for CalculationEffective Date
for AdjustmentPPI & CPI
Base Montha) Go to: http://www.bls.gov/data/
MONTHLY PG 64S-22 BINDER ADJUSTMENT:The May 2026 Average is$777.000per tonYear:2026Month$/tonApril-25485.560July 1, 2025December-24b) 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:MayJanuary-August 1, 2025c) 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$593.000per ton.February-September 1, 2025d) 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 AdjustmentMarch-7/1/2025
(July was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314October 1, 2025e) 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 =$593.000April621November 1, 2025
Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch)
can be found at the bottom of this page.New Average =$777.000May626December 1, 2025
Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments.June63210/1/2025
(October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314January 1, 2026
Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2:BLS Month for CalculationJune-25July646March 1, 2026
ITEMGRADE / DESCRIPTION% ASPHALTFUEL
ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TONNew PPI for that Month:488.314August648January-26April 1, 2026
302.01Bituminous Stabilized Course3.750.003.75$6.900ERROR:#VALUE!Base PPI MonthDecember 2024September642May 1, 2026
404.03810218Misc Patching F1, Asphalt Mix6.851.007.85$14.444ERROR:#REF!Base PPI Value459.404October642June 1, 2026
404.03820218Misc Patching F2, Asphalt Mix6.851.007.85$14.444ERROR:#REF!Effective Date for Adjustment01-Jan-26November638April-26July 1, 2026
404.03830218Misc Patching F3, Asphalt Mix6.851.007.85$14.444ERROR:#REF!December634August 1, 2026
404.03890218Misc Patching F9, Asphalt Mix6.851.007.85$14.444ERROR:#REF!2026September 1, 2026
404.058901Shim Course F9, Asphalt8.251.009.25$17.020ERROR:#REF!Month$/tonJuly-26October 1, 2026
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.70$14.168ERROR:#REF!January643November 1, 2026
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.20$13.248ERROR:#REF!February638December 1, 2026
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.50$11.960ERROR:#REF!March638October-26January 1, 2027
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.90$10.856ERROR:#REF!April730February 1, 2027
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.50$10.120ERROR:#REF!May777March 1, 2027
JuneJanuary-27April 1, 2027
PERIODIC PPI PRICE ADJUSTMENT:JulyMay 1, 2027
Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes inAugustJune 1, 2027
the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items.SeptemberN/A Until July 1stN/A Until July 1stN/A Until July 1st
Price adjustments will NOT be recalculated if PPI changes due to change in (P) status.October
Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying)November
The PPI value forDecember 2024("Base" month for calculations) is459.404December
2027
The New Bureau of Labor of Statistics (BLS) PPI for the month ofJune-25used for Calculation is488.314Month$/ton
January
Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2:February
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCE DIFFERENCE

(100% Material Minus Total % Asphalt Plus

Fuel Allowance)QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGEMarch
302.01Bituminous Stabilized Course3.750.003.7596.25%5.00%April0.0629293606
404.03810218Misc Patching F1, Asphalt Mix6.851.007.8592.15%May5.00%
404.03820218Misc Patching F2, Asphalt Mix6.851.007.8592.15%June5.00%
404.03830218Misc Patching F3, Asphalt Mix6.851.007.8592.15%July5.00%
404.03890218Misc Patching F9, Asphalt Mix6.851.007.8592.15%August5.00%
404.058901Shim Course F9, Asphalt8.251.009.2590.75%September5.00%
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.7092.30%October5.00%
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.2092.80%November5.00%
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.5093.50%December5.00%
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.9094.10%5.00%
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.5094.50%5.00%
Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TON
15402.2010Cold Patch - Regular Mix6.001.007.00$12.880ERROR:#REF!
15402.2030Cold Patch - Modified Mix6.001.007.00$12.880ERROR:#REF!
15402.2040Cold Patch - Fiber Reinforced6.001.007.00$12.880ERROR:#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 + ($6.9) =$51.900
PPI Adjustment:
$45.000 x 5.00% =$2.250
$2.25 x 96.25% (Difference of 100% Material Minus Total % Asphalt + Fuel Allowance) =$2.1662.165625
Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment)
$51.9 + $2.165625 =$54.066

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 + ($12.88) =$57.880
Total Material Price After Adjustment:$57.880

http://www.bls.gov/data/https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments April 2026 Asphalt Price Adjustment - April 2026

GroupDescriptionAward #Contract No.
31502Comprehensive Bituminous Concrete

(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673

Bituminous materials price adjustment(s) EFFECTIVE on: April 1, 2026 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt

(Performance Graded Binder)PPI - DATES FOR IMPLEMENTATION:
Award(s) using November 1, 2024 base index of$593.000per ton.
In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025Posted PriceInstructions PPI:
the following price adjustments have been calculated.Contract Manager InputPosted Price2025BLS Month
for CalculationPPI's Month
for CalculationEffective Date
for AdjustmentPPI & CPI
Base Montha) Go to: http://www.bls.gov/data/
MONTHLY PG 64S-22 BINDER ADJUSTMENT:The April 2026 Average is$730.000per tonYear:2026Month$/tonApril-25485.560July 1, 2025December-24b) 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:AprilJanuary-August 1, 2025c) 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$593.000per ton.February-September 1, 2025d) 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 AdjustmentMarch-7/1/2025
(July was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314October 1, 2025e) 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 =$593.000April621November 1, 2025
Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch)
can be found at the bottom of this page.New Average =$730.000May626December 1, 2025
Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments.June63210/1/2025
(October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314January 1, 2026
Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2:BLS Month for CalculationJune-25July646March 1, 2026
ITEMGRADE / DESCRIPTION% ASPHALTFUEL
ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TONNew PPI for that Month:488.314August648January-26April 1, 2026
302.01Bituminous Stabilized Course3.750.003.75$5.138ERROR:#VALUE!Base PPI MonthDecember 2024September642May 1, 2026
404.03810218Misc Patching F1, Asphalt Mix6.851.007.85$10.755ERROR:#REF!Base PPI Value459.404October642June 1, 2026
404.03820218Misc Patching F2, Asphalt Mix6.851.007.85$10.755ERROR:#REF!Effective Date for Adjustment01-Jan-26November638April-26July 1, 2026
404.03830218Misc Patching F3, Asphalt Mix6.851.007.85$10.755ERROR:#REF!December634August 1, 2026
404.03890218Misc Patching F9, Asphalt Mix6.851.007.85$10.755ERROR:#REF!2026September 1, 2026
404.058901Shim Course F9, Asphalt8.251.009.25$12.673ERROR:#REF!Month$/tonJuly-26October 1, 2026
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.70$10.549ERROR:#REF!January643November 1, 2026
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.20$9.864ERROR:#REF!February638December 1, 2026
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.50$8.905ERROR:#REF!March638October-26January 1, 2027
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.90$8.083ERROR:#REF!April730February 1, 2027
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.50$7.535ERROR:#REF!MayMarch 1, 2027
JuneJanuary-27April 1, 2027
PERIODIC PPI PRICE ADJUSTMENT:JulyMay 1, 2027
Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes inAugustJune 1, 2027
the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items.SeptemberN/A Until July 1stN/A Until July 1stN/A Until July 1st
Price adjustments will NOT be recalculated if PPI changes due to change in (P) status.October
Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying)November
The PPI value forDecember 2024("Base" month for calculations) is459.404December
2027
The New Bureau of Labor of Statistics (BLS) PPI for the month ofJune-25used for Calculation is488.314Month$/ton
January
Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2:February
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCE DIFFERENCE

(100% Material Minus Total % Asphalt Plus

Fuel Allowance)QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGEMarch
302.01Bituminous Stabilized Course3.750.003.7596.25%5.00%April0.0629293606
404.03810218Misc Patching F1, Asphalt Mix6.851.007.8592.15%May5.00%
404.03820218Misc Patching F2, Asphalt Mix6.851.007.8592.15%June5.00%
404.03830218Misc Patching F3, Asphalt Mix6.851.007.8592.15%July5.00%
404.03890218Misc Patching F9, Asphalt Mix6.851.007.8592.15%August5.00%
404.058901Shim Course F9, Asphalt8.251.009.2590.75%September5.00%
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.7092.30%October5.00%
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.2092.80%November5.00%
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.5093.50%December5.00%
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.9094.10%5.00%
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.5094.50%5.00%
Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TON
15402.2010Cold Patch - Regular Mix6.001.007.00$9.590ERROR:#REF!
15402.2030Cold Patch - Modified Mix6.001.007.00$9.590ERROR:#REF!
15402.2040Cold Patch - Fiber Reinforced6.001.007.00$9.590ERROR:#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 + ($5.1375) =$50.138
PPI Adjustment:
$45.000 x 5.00% =$2.250
$2.25 x 96.25% (Difference of 100% Material Minus Total % Asphalt + Fuel Allowance) =$2.1662.165625
Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment)
$50.1375 + $2.165625 =$52.303

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 + ($9.59) =$54.590
Total Material Price After Adjustment:$54.590

http://www.bls.gov/data/https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments March 2026 Asphalt Price Adjustment - March 2026

GroupDescriptionAward #Contract No.
31502Comprehensive Bituminous Concrete

(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673

Bituminous materials price adjustment(s) EFFECTIVE on: March 1, 2026 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt

(Performance Graded Binder)PPI - DATES FOR IMPLEMENTATION:
Award(s) using November 1, 2024 base index of$593.000per ton.
In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025Posted PriceInstructions PPI:
the following price adjustments have been calculated.Contract Manager InputPosted Price2025BLS Month
for CalculationPPI's Month
for CalculationEffective Date
for AdjustmentPPI & CPI
Base Montha) Go to: http://www.bls.gov/data/
MONTHLY PG 64S-22 BINDER ADJUSTMENT:The March 2026 Average is$638.000per tonYear:2026Month$/tonApril-25485.560July 1, 2025December-24b) 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:MarchJanuary-August 1, 2025c) 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$593.000per ton.February-September 1, 2025d) 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 AdjustmentMarch-7/1/2025
(July was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314October 1, 2025e) 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 =$593.000April621November 1, 2025
Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch)
can be found at the bottom of this page.New Average =$638.000May626December 1, 2025
Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments.June63210/1/2025
(October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314January 1, 2026
Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2:BLS Month for CalculationJune-25July646March 1, 2026
ITEMGRADE / DESCRIPTION% ASPHALTFUEL
ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TONNew PPI for that Month:488.314August648January-26April 1, 2026
302.01Bituminous Stabilized Course3.750.003.75$1.688ERROR:#VALUE!Base PPI MonthDecember 2024September642May 1, 2026
404.03810218Misc Patching F1, Asphalt Mix6.851.007.85$3.533ERROR:#REF!Base PPI Value459.404October642June 1, 2026
404.03820218Misc Patching F2, Asphalt Mix6.851.007.85$3.533ERROR:#REF!Effective Date for Adjustment01-Jan-26November638April-26July 1, 2026
404.03830218Misc Patching F3, Asphalt Mix6.851.007.85$3.533ERROR:#REF!December634August 1, 2026
404.03890218Misc Patching F9, Asphalt Mix6.851.007.85$3.533ERROR:#REF!2026September 1, 2026
404.058901Shim Course F9, Asphalt8.251.009.25$4.163ERROR:#REF!Month$/tonJuly-26October 1, 2026
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.70$3.465ERROR:#REF!January643November 1, 2026
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.20$3.240ERROR:#REF!February638December 1, 2026
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.50$2.925ERROR:#REF!March638October-26January 1, 2027
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.90$2.655ERROR:#REF!AprilFebruary 1, 2027
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.50$2.475ERROR:#REF!MayMarch 1, 2027
JuneJanuary-27April 1, 2027
PERIODIC PPI PRICE ADJUSTMENT:JulyMay 1, 2027
Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes inAugustJune 1, 2027
the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items.SeptemberN/A Until July 1stN/A Until July 1stN/A Until July 1st
Price adjustments will NOT be recalculated if PPI changes due to change in (P) status.October
Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying)November
The PPI value forDecember 2024("Base" month for calculations) is459.404December
2027
The New Bureau of Labor of Statistics (BLS) PPI for the month ofJune-25used for Calculation is488.314Month$/ton
January
Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2:February
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCE DIFFERENCE

(100% Material Minus Total % Asphalt Plus

Fuel Allowance)QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGEMarch
302.01Bituminous Stabilized Course3.750.003.7596.25%5.00%April0.0629293606
404.03810218Misc Patching F1, Asphalt Mix6.851.007.8592.15%May5.00%
404.03820218Misc Patching F2, Asphalt Mix6.851.007.8592.15%June5.00%
404.03830218Misc Patching F3, Asphalt Mix6.851.007.8592.15%July5.00%
404.03890218Misc Patching F9, Asphalt Mix6.851.007.8592.15%August5.00%
404.058901Shim Course F9, Asphalt8.251.009.2590.75%September5.00%
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.7092.30%October5.00%
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.2092.80%November5.00%
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.5093.50%December5.00%
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.9094.10%5.00%
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.5094.50%5.00%
Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TON
15402.2010Cold Patch - Regular Mix6.001.007.00$3.150ERROR:#REF!
15402.2030Cold Patch - Modified Mix6.001.007.00$3.150ERROR:#REF!
15402.2040Cold Patch - Fiber Reinforced6.001.007.00$3.150ERROR:#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 + ($1.6875) =$46.688
PPI Adjustment:
$45.000 x 5.00% =$2.250
$2.25 x 96.25% (Difference of 100% Material Minus Total % Asphalt + Fuel Allowance) =$2.1662.165625
Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment)
$46.6875 + $2.165625 =$48.853

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 + ($3.15) =$48.150
Total Material Price After Adjustment:$48.150

http://www.bls.gov/data/https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments February 2026 Asphalt Price Adjustment - February 2026

GroupDescriptionAward #Contract No.
31502Comprehensive Bituminous Concrete

(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673

Bituminous materials price adjustment(s) EFFECTIVE on: February 1, 2026 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt

(Performance Graded Binder)PPI - DATES FOR IMPLEMENTATION:
Award(s) using November 1, 2024 base index of$593.000per ton.
In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025Posted PriceInstructions PPI:
the following price adjustments have been calculated.Contract Manager InputPosted Price2025BLS Month
for CalculationPPI's Month
for CalculationEffective Date
for AdjustmentPPI & CPI
Base Montha) Go to: http://www.bls.gov/data/
MONTHLY PG 64S-22 BINDER ADJUSTMENT:The February 2026 Average is$638.000per tonYear:2026Month$/tonApril-25485.560July 1, 2025December-24b) 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:FebruaryJanuary-August 1, 2025c) 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$593.000per ton.February-September 1, 2025d) 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 AdjustmentMarch-7/1/2025
(July was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314October 1, 2025e) 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 =$593.000April621November 1, 2025
Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch)
can be found at the bottom of this page.New Average =$638.000May626December 1, 2025
Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments.June63210/1/2025
(October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314January 1, 2026
Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2:BLS Month for CalculationJune-25July646March 1, 2026
ITEMGRADE / DESCRIPTION% ASPHALTFUEL
ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TONNew PPI for that Month:488.314August648January-26April 1, 2026
302.01Bituminous Stabilized Course3.750.003.75$1.688ERROR:#VALUE!Base PPI MonthDecember 2024September642May 1, 2026
404.03810218Misc Patching F1, Asphalt Mix6.851.007.85$3.533ERROR:#REF!Base PPI Value459.404October642June 1, 2026
404.03820218Misc Patching F2, Asphalt Mix6.851.007.85$3.533ERROR:#REF!Effective Date for Adjustment01-Jan-26November638April-26July 1, 2026
404.03830218Misc Patching F3, Asphalt Mix6.851.007.85$3.533ERROR:#REF!December634August 1, 2026
404.03890218Misc Patching F9, Asphalt Mix6.851.007.85$3.533ERROR:#REF!2026September 1, 2026
404.058901Shim Course F9, Asphalt8.251.009.25$4.163ERROR:#REF!Month$/tonJuly-26October 1, 2026
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.70$3.465ERROR:#REF!January643November 1, 2026
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.20$3.240ERROR:#REF!February638December 1, 2026
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.50$2.925ERROR:#REF!MarchOctober-26January 1, 2027
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.90$2.655ERROR:#REF!AprilFebruary 1, 2027
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.50$2.475ERROR:#REF!MayMarch 1, 2027
JuneJanuary-27April 1, 2027
PERIODIC PPI PRICE ADJUSTMENT:JulyMay 1, 2027
Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes inAugustJune 1, 2027
the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items.SeptemberN/A Until July 1stN/A Until July 1stN/A Until July 1st
Price adjustments will NOT be recalculated if PPI changes due to change in (P) status.October
Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying)November
The PPI value forDecember 2024("Base" month for calculations) is459.404December
2027
The New Bureau of Labor of Statistics (BLS) PPI for the month ofJune-25used for Calculation is488.314Month$/ton
January
Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2:February
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCE DIFFERENCE

(100% Material Minus Total % Asphalt Plus

Fuel Allowance)QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGEMarch
302.01Bituminous Stabilized Course3.750.003.7596.25%5.00%April0.0629293606
404.03810218Misc Patching F1, Asphalt Mix6.851.007.8592.15%May5.00%
404.03820218Misc Patching F2, Asphalt Mix6.851.007.8592.15%June5.00%
404.03830218Misc Patching F3, Asphalt Mix6.851.007.8592.15%July5.00%
404.03890218Misc Patching F9, Asphalt Mix6.851.007.8592.15%August5.00%
404.058901Shim Course F9, Asphalt8.251.009.2590.75%September5.00%
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.7092.30%October5.00%
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.2092.80%November5.00%
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.5093.50%December5.00%
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.9094.10%5.00%
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.5094.50%5.00%
Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TON
15402.2010Cold Patch - Regular Mix6.001.007.00$3.150ERROR:#REF!
15402.2030Cold Patch - Modified Mix6.001.007.00$3.150ERROR:#REF!
15402.2040Cold Patch - Fiber Reinforced6.001.007.00$3.150ERROR:#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 + ($1.6875) =$46.688
PPI Adjustment:
$45.000 x 5.00% =$2.250
$2.25 x 96.25% (Difference of 100% Material Minus Total % Asphalt + Fuel Allowance) =$2.1662.165625
Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment)
$46.6875 + $2.165625 =$48.853

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 + ($3.15) =$48.150
Total Material Price After Adjustment:$48.150

http://www.bls.gov/data/https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments January 2026 Asphalt Price Adjustment - January 2026

GroupDescriptionAward #Contract No.
31502Comprehensive Bituminous Concrete

(Asphalt Mix and Cold Patch) (Statewide) 23371 PC70617 - PC70673

Bituminous materials price adjustment(s) EFFECTIVE on: January 1, 2026 ERROR:#REF! NYSDOT Average Posted Prices for Asphalt

(Performance Graded Binder)PPI - DATES FOR IMPLEMENTATION:
Award(s) using November 1, 2024 base index of$593.000per ton.
In compliance with the referenced price adjustment clauses contained in the Contract Award Notification dated April 1, 2025Posted PriceInstructions PPI:
the following price adjustments have been calculated.Contract Manager InputPosted Price2025BLS Month
for CalculationPPI's Month
for CalculationEffective Date
for AdjustmentPPI & CPI
Base Montha) Go to: http://www.bls.gov/data/
MONTHLY PG 64S-22 BINDER ADJUSTMENT:The January 2026 Average is$643.000per tonYear:2026Month$/tonApril-25485.560July 1, 2025December-24b) 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:JanuaryJanuary-August 1, 2025c) 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$593.000per ton.February-September 1, 2025d) 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 AdjustmentMarch-7/1/2025
(July was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314October 1, 2025e) 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 =$593.000April621November 1, 2025
Interactive Price Adjustment calculators (Asphalt Mix and Cold Patch)
can be found at the bottom of this page.New Average =$643.000May626December 1, 2025
Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments.June63210/1/2025
(October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL)488.314January 1, 2026
Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2:BLS Month for CalculationJune-25July646March 1, 2026
ITEMGRADE / DESCRIPTION% ASPHALTFUEL
ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TONNew PPI for that Month:488.314August648January-26April 1, 2026
302.01Bituminous Stabilized Course3.750.003.75$1.875ERROR:#VALUE!Base PPI MonthDecember 2024September642May 1, 2026
404.03810218Misc Patching F1, Asphalt Mix6.851.007.85$3.925ERROR:#REF!Base PPI Value459.404October642June 1, 2026
404.03820218Misc Patching F2, Asphalt Mix6.851.007.85$3.925ERROR:#REF!Effective Date for Adjustment01-Jan-26November638April-26July 1, 2026
404.03830218Misc Patching F3, Asphalt Mix6.851.007.85$3.925ERROR:#REF!December634August 1, 2026
404.03890218Misc Patching F9, Asphalt Mix6.851.007.85$3.925ERROR:#REF!2026September 1, 2026
404.058901Shim Course F9, Asphalt8.251.009.25$4.625ERROR:#REF!Month$/tonJuly-26October 1, 2026
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.70$3.850ERROR:#REF!January643November 1, 2026
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.20$3.600ERROR:#REF!FebruaryDecember 1, 2026
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.50$3.250ERROR:#REF!MarchOctober-26January 1, 2027
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.90$2.950ERROR:#REF!AprilFebruary 1, 2027
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.50$2.750ERROR:#REF!MayMarch 1, 2027
JuneJanuary-27April 1, 2027
PERIODIC PPI PRICE ADJUSTMENT:JulyMay 1, 2027
Every three months the base prices shown in the initial CONTRACT AWARD NOTIFICATION may be adjusted in accordance with changes inAugustJune 1, 2027
the US Bureau of Labor Statistics (BLS). The PPI Price Adjustment does not apply to any optional items, only to materials items.SeptemberN/A Until July 1stN/A Until July 1stN/A Until July 1st
Price adjustments will NOT be recalculated if PPI changes due to change in (P) status.October
Producer Price Index (PPI) - Series ID: PCU 21231-21231 (Industry: Stone Mining & Quarrying; Product: Stone Mining & Quarrying)November
The PPI value forDecember 2024("Base" month for calculations) is459.404December
2027
The New Bureau of Labor of Statistics (BLS) PPI for the month ofJune-25used for Calculation is488.314Month$/ton
January
Table 2 - ASPHALT MIX ITEMS - PERIODIC PPI PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 2 of 2:February
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCE DIFFERENCE

(100% Material Minus Total % Asphalt Plus

Fuel Allowance)QUARTERLY PPI PRICE ADJUSTMENT PERCENTAGEMarch
302.01Bituminous Stabilized Course3.750.003.7596.25%5.00%April0.0629293606
404.03810218Misc Patching F1, Asphalt Mix6.851.007.8592.15%May5.00%
404.03820218Misc Patching F2, Asphalt Mix6.851.007.8592.15%June5.00%
404.03830218Misc Patching F3, Asphalt Mix6.851.007.8592.15%July5.00%
404.03890218Misc Patching F9, Asphalt Mix6.851.007.8592.15%August5.00%
404.058901Shim Course F9, Asphalt8.251.009.2590.75%September5.00%
404.068X016.3 F(X), Top Course Asphalt, 80 Series Compaction6.701.007.7092.30%October5.00%
404.098X019.5 F(X,) Top Course Asphalt, 80 Series Compaction6.201.007.2092.80%November5.00%
404.12XX0112.5 F(X), Top Course Asphalt, 80 Series Compaction5.501.006.5093.50%December5.00%
404.19XX0119.0 F9, Binder Course Asphalt, 80 Series Compaction4.901.005.9094.10%5.00%
404.25XX0125.0 F9, Binder Course Asphalt, 80 Series Compaction4.501.005.5094.50%5.00%
Table 3 - ONLY COLD PATCH ITEMS - MONTHLY PRICE ADJUSTMENTS
ITEMGRADE / DESCRIPTION% ASPHALTFUEL ALLOWANCETOTAL % ASPHALT

PLUS FUEL

ALLOWANCEPRICE ADJUST / TON
15402.2010Cold Patch - Regular Mix6.001.007.00$3.500ERROR:#REF!
15402.2030Cold Patch - Modified Mix6.001.007.00$3.500ERROR:#REF!
15402.2040Cold Patch - Fiber Reinforced6.001.007.00$3.500ERROR:#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 + ($1.875) =$46.875
PPI Adjustment:
$45.000 x 5.00% =$2.250
$2.25 x 96.25% (Difference of 100% Material Minus Total % Asphalt + Fuel Allowance) =$2.1662.165625
Total Material Price After Adjustment: (Binder Adjustment + PPI Adjustment)
$46.875 + $2.165625 =$49.041

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 + ($3.5) =$48.500
Total Material Price After Adjustment:$48.500

http://www.bls.gov/data/https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asp…

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