31502PriceAdjust24.xlsx
XLSX spreadsheet 586 KB Posted
- Contract number
- Liquid Bituminous Materials - 2026 VPP NYSDOT Specific Projects - Federal & State Funds
- Issued by
- New York
About this file
Summary
This document comprises monthly asphalt price adjustment notices issued by the New York State Department of Transportation (NYSDOT) for Contract 31502, a statewide comprehensive bituminous concrete (asphalt mix and cold patch) contract under Award 23371 (Contract Numbers PC70617 through PC70673). The adjustments cover the period from August 2025 through May 2026 and are implemented in compliance with price adjustment clauses contained in the Contract Award Notification dated April 1, 2025. The pricing mechanism relies on the Producer Price Index (PPI) data from the U.S. Bureau of Labor Statistics for the Stone Mining and Quarrying industry (Series ID: PCU 21231-21231).
The contract utilizes a dual-adjustment methodology combining binder price adjustments and periodic PPI adjustments. The base asphalt cement price was established at $593.000 per ton as of November 1, 2024, with monthly adjustments calculated based on PPI fluctuations. Monthly average F.O.B. terminal prices for Performance Graded 64S-22 binder varied from $634.000 to $777.000 per ton across the adjustment period. Price adjustments apply only to material items and exclude optional items. The asphalt mix items (including bituminous stabilized course, miscellaneous patching, shim course, and top/binder course asphalt at various specifications) incorporate asphalt percentages ranging from 3.75% to 8.25% plus fuel allowances, with calculated quarterly PPI adjustments at 5.00%. Cold patch items (regular mix, modified mix, and fiber reinforced) are adjusted monthly based on binder price changes without PPI adjustments. Interactive price adjustment calculators and detailed computation examples are provided for contractor use.
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Other files
| File | Type | Posted |
|---|---|---|
| 3155523434detailedspecs.pdf | ||
| 3155523434NYSDOTWorkZone.pdf | ||
| 3155523434spec947.pdf | ||
| 3155523434pricing.pdf | ||
| 3155523434spec951.pdf | ||
| 3155523434dimensions.pdf | ||
| 3155523434federalaid.pdf | ||
| 3155523434a.pdf | ||
| 31555PriceAdjust25.xlsx | XLSX spreadsheet | |
| 3155523434Notes.pdf | ||
| 315xxPriceAdjust26.xlsx | XLSX spreadsheet | |
| 3155523434insurance.pdf | ||
| 3155523434regionalmap.pdf |
Show all 13
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Text version
May 2026 Asphalt Price Adjustment - May 2026
| 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, 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 | $593.000 | 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 2026 Average is | $777.000 | per ton | Year: | 2026 | 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: | 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 | - | 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) | 488.314 | 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 = | $777.000 | May | 626 | December 1, 2025 | ||||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | 10/1/2025 | ||||||||||||||||
| (October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL) | 488.314 | January 1, 2026 | |||||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | June-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: | 488.314 | August | 648 | January-26 | April 1, 2026 | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $6.900 | ERROR:#VALUE! | Base PPI Month | December 2024 | September | 642 | May 1, 2026 | |||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $14.444 | ERROR:#REF! | Base PPI Value | 459.404 | October | 642 | June 1, 2026 | |||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $14.444 | ERROR:#REF! | Effective Date for Adjustment | 01-Jan-26 | November | 638 | April-26 | July 1, 2026 | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $14.444 | ERROR:#REF! | December | 634 | August 1, 2026 | |||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $14.444 | ERROR:#REF! | 2026 | September 1, 2026 | ||||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $17.020 | 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 | $14.168 | ERROR:#REF! | January | 643 | November 1, 2026 | |||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $13.248 | ERROR:#REF! | February | 638 | December 1, 2026 | |||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $11.960 | ERROR:#REF! | March | 638 | October-26 | January 1, 2027 | ||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $10.856 | ERROR:#REF! | April | 730 | February 1, 2027 | |||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $10.120 | ERROR:#REF! | May | 777 | 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 | June-25 | used for Calculation is | 488.314 | 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 | 0.0629293606 | ||
| 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 | $12.880 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $12.880 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $12.880 | 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 + ($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) = | $2.166 | 2.165625 | ||
| 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
| 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, 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 | $593.000 | 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 2026 Average is | $730.000 | per ton | Year: | 2026 | 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: | 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 | - | 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) | 488.314 | 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 = | $730.000 | May | 626 | December 1, 2025 | ||||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | 10/1/2025 | ||||||||||||||||
| (October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL) | 488.314 | January 1, 2026 | |||||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | June-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: | 488.314 | August | 648 | January-26 | April 1, 2026 | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $5.138 | ERROR:#VALUE! | Base PPI Month | December 2024 | September | 642 | May 1, 2026 | |||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $10.755 | ERROR:#REF! | Base PPI Value | 459.404 | October | 642 | June 1, 2026 | |||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $10.755 | ERROR:#REF! | Effective Date for Adjustment | 01-Jan-26 | November | 638 | April-26 | July 1, 2026 | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $10.755 | ERROR:#REF! | December | 634 | August 1, 2026 | |||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $10.755 | ERROR:#REF! | 2026 | September 1, 2026 | ||||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $12.673 | 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 | $10.549 | ERROR:#REF! | January | 643 | November 1, 2026 | |||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $9.864 | ERROR:#REF! | February | 638 | December 1, 2026 | |||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $8.905 | ERROR:#REF! | March | 638 | October-26 | January 1, 2027 | ||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $8.083 | ERROR:#REF! | April | 730 | February 1, 2027 | |||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $7.535 | 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 | June-25 | used for Calculation is | 488.314 | 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 | 0.0629293606 | ||
| 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 | $9.590 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $9.590 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $9.590 | 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 + ($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) = | $2.166 | 2.165625 | ||
| 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
| 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: 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 | $593.000 | 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 March 2026 Average is | $638.000 | per ton | Year: | 2026 | 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: | March | 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 | - | 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) | 488.314 | 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 = | $638.000 | May | 626 | December 1, 2025 | ||||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | 10/1/2025 | ||||||||||||||||
| (October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL) | 488.314 | January 1, 2026 | |||||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | June-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: | 488.314 | August | 648 | January-26 | April 1, 2026 | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.688 | ERROR:#VALUE! | Base PPI Month | December 2024 | September | 642 | May 1, 2026 | |||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | Base PPI Value | 459.404 | October | 642 | June 1, 2026 | |||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | Effective Date for Adjustment | 01-Jan-26 | November | 638 | April-26 | July 1, 2026 | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | December | 634 | August 1, 2026 | |||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | 2026 | September 1, 2026 | ||||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $4.163 | 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 | $3.465 | ERROR:#REF! | January | 643 | November 1, 2026 | |||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $3.240 | ERROR:#REF! | February | 638 | December 1, 2026 | |||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $2.925 | ERROR:#REF! | March | 638 | October-26 | January 1, 2027 | ||||||
| 404.19XX01 | 19.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.90 | 1.00 | 5.90 | $2.655 | ERROR:#REF! | April | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $2.475 | 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 | June-25 | used for Calculation is | 488.314 | 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 | 0.0629293606 | ||
| 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 | $3.150 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $3.150 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $3.150 | 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 + ($1.6875) = | $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) = | $2.166 | 2.165625 | ||
| 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
| 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: 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 | $593.000 | 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 February 2026 Average is | $638.000 | per ton | Year: | 2026 | 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: | February | 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 | - | 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) | 488.314 | 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 = | $638.000 | May | 626 | December 1, 2025 | ||||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | 10/1/2025 | ||||||||||||||||
| (October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL) | 488.314 | January 1, 2026 | |||||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | June-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: | 488.314 | August | 648 | January-26 | April 1, 2026 | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.688 | ERROR:#VALUE! | Base PPI Month | December 2024 | September | 642 | May 1, 2026 | |||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | Base PPI Value | 459.404 | October | 642 | June 1, 2026 | |||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | Effective Date for Adjustment | 01-Jan-26 | November | 638 | April-26 | July 1, 2026 | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | December | 634 | August 1, 2026 | |||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.533 | ERROR:#REF! | 2026 | September 1, 2026 | ||||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $4.163 | 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 | $3.465 | ERROR:#REF! | January | 643 | November 1, 2026 | |||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $3.240 | ERROR:#REF! | February | 638 | December 1, 2026 | |||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $2.925 | 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 | $2.655 | ERROR:#REF! | April | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $2.475 | 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 | June-25 | used for Calculation is | 488.314 | 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 | 0.0629293606 | ||
| 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 | $3.150 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $3.150 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $3.150 | 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 + ($1.6875) = | $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) = | $2.166 | 2.165625 | ||
| 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
| 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: 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 | $593.000 | 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 January 2026 Average is | $643.000 | per ton | Year: | 2026 | 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: | January | 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 | - | 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) | 488.314 | 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 = | $643.000 | May | 626 | December 1, 2025 | ||||||||||||||
| Cold Patch Price Adjustments can be found after the Asphalt Mix Price Adjustments. | June | 632 | 10/1/2025 | ||||||||||||||||
| (October was not available since DOL stopped posting them until further notice. We used 06/01/25 as the last PPI published by DOL) | 488.314 | January 1, 2026 | |||||||||||||||||
| Table 1 - ASPHALT MIX ITEMS - MONTHLY PRICE ADJUSTMENTS - (STATEWIDE CONTRACT) - PART 1 of 2: | BLS Month for Calculation | June-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: | 488.314 | August | 648 | January-26 | April 1, 2026 | |||||||||
| 302.01 | Bituminous Stabilized Course | 3.75 | 0.00 | 3.75 | $1.875 | ERROR:#VALUE! | Base PPI Month | December 2024 | September | 642 | May 1, 2026 | |||||
| 404.03810218 | Misc Patching F1, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.925 | ERROR:#REF! | Base PPI Value | 459.404 | October | 642 | June 1, 2026 | |||||
| 404.03820218 | Misc Patching F2, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.925 | ERROR:#REF! | Effective Date for Adjustment | 01-Jan-26 | November | 638 | April-26 | July 1, 2026 | ||||
| 404.03830218 | Misc Patching F3, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.925 | ERROR:#REF! | December | 634 | August 1, 2026 | |||||||
| 404.03890218 | Misc Patching F9, Asphalt Mix | 6.85 | 1.00 | 7.85 | $3.925 | ERROR:#REF! | 2026 | September 1, 2026 | ||||||||
| 404.058901 | Shim Course F9, Asphalt | 8.25 | 1.00 | 9.25 | $4.625 | 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 | $3.850 | ERROR:#REF! | January | 643 | November 1, 2026 | |||||||
| 404.098X01 | 9.5 F(X,) Top Course Asphalt, 80 Series Compaction | 6.20 | 1.00 | 7.20 | $3.600 | ERROR:#REF! | February | December 1, 2026 | ||||||||
| 404.12XX01 | 12.5 F(X), Top Course Asphalt, 80 Series Compaction | 5.50 | 1.00 | 6.50 | $3.250 | 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 | $2.950 | ERROR:#REF! | April | February 1, 2027 | ||||||||
| 404.25XX01 | 25.0 F9, Binder Course Asphalt, 80 Series Compaction | 4.50 | 1.00 | 5.50 | $2.750 | 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 | June-25 | used for Calculation is | 488.314 | 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 | 0.0629293606 | ||
| 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 | $3.500 | ERROR:#REF! | ||
| 15402.2030 | Cold Patch - Modified Mix | 6.00 | 1.00 | 7.00 | $3.500 | ERROR:#REF! | ||
| 15402.2040 | Cold Patch - Fiber Reinforced | 6.00 | 1.00 | 7.00 | $3.500 | 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 + ($1.875) = | $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) = | $2.166 | 2.165625 | ||
| 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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