31555PriceAdjust23.xlsx

XLSX spreadsheet 505 KB Posted May 9, 2025

Attached to: Commodity NY|23388|PC70719
Contract number: PC70719
Issued by: New York

About this file

Written by GovTribe AI · Jul 10, 2025

This document is a New York State Department of Transportation (NYSDOT) monthly price adjustment document for a statewide contract (Contract No. 31555) covering comprehensive liquid bituminous materials. The contract involves price adjustments for various bituminous material types across multiple categories, including asphalt emulsions, chip seal, cold recycling, heater scarification, joint and crack filler/sealer, microsurfacing, quick set slurry seal, and paver placed surface treatments.

The contract uses a base index of $630.000 per ton established on November 1, 2023, with monthly price adjustments calculated based on changes in the average posted prices for asphalt performance graded binder. The pricing mechanism allows for adjustments in unit prices per gallon, pound, linear foot, or ton across different material types, with specific calculations for petroleum allowance and total allowable petroleum percentage. Price adjustments are implemented monthly, with changes only applied when they exceed minimal thresholds (e.g., $0.010 per gallon, $0.001 per pound). The document provides detailed tables and formulas for calculating price modifications for each material category, covering a projected period through 2026, with variations for different emulsion grades, application methods, and material specifications.

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July 2025 Asphalt Price Adjustment - July 2025

Group	Description	Award #	Contract No.
31555	Comprehensive Liquid Bituminous Materials

(Asphalt Emulsions; Chip Seal; Cold Recycling; Heater Scarification; Joint & Crack Filler/Sealer; Microsurfacing and/or Quick Set Slurry Seal; and Paver Placed Surface Treatment – Conventional & Rubber Modified) (Statewide) 23334 PC70336- PC70358

Bituminous materials price adjustment(s) EFFECTIVE on: July 1, 2025 ERROR:#REF! Contract Manager Input NYSDOT Average Posted Prices for Asphalt (Performance Graded Binder)

		Award(s) using November 1, 2023 base index of				$630.000	per ton.
		In compliance with the referenced price adjustment clauses contained in the Contract Award Notification for the referenced award(s),							Year:	2025
		the following price adjustments have been calculated.							Month:	July	Posted Price	2024
		MONTHLY PG 64-22 BINDER ADJUSTMENT:		The July 2025 Average is			$646.000	per ton			Month	$/ton
		(F.O.B. Terminal Price for unmodified PG 64-22 binder without anti-stripping agent)							Asphalt Price Adjustment		January	-
		The November 1, 2023 Base Average FOB Terminal Price for Asphalt Cement was				$630.000	per ton.		Base Average =	$630.000	February	-
		Asphalt Price Adjustments shall be calculated and applied to the original prices. There will not be Asphalt Price Adjustments unless the change amounts to more							New Average =	$646.000	March	-
		than $0.010 per gallon, $0.001 per pound, $0.002 per linear foot or $0.10 per ton from the original price.									April	604
		All Asphalt Price Adjustments will be computed to three decimal places.									May	623
		Until further notice, please revise the original contract per gallon/linear foot/ton prices for materials in the referenced award(s) by using									June	628
		the price adjustments listed below:									July	636
		Note: Examples and formulas of how to calculate these price adjustmets can be found at the bottom of this page.									August	633
		ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS - MONTHLY PRICE ADJUSTMENTS:									October	606
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON						November	593
		702.0700	Asphalt Filler (18-60)	100.00	0.20	100.20	$0.068	ERROR:#VALUE!			December	591
		702.3001	RS-1	55.00	1.70	56.70	$0.039	ERROR:#VALUE!				2025
		702.3002	RS-1h	55.00	1.70	56.70	$0.039	$0.000			Month	$/ton
		702.3101	RS-2	63.00	2.70	65.70	$0.045	$0.000			January	591
		702.3102	HFRS-2	63.00	2.70	65.70	$0.045	$0.000			February	598
		702.3201	MS-2	65.00	8.20	73.20	$0.050	$0.000			March	610
		702.3301	HFMS-2	65.00	8.20	73.20	$0.050	ERROR:#REF!			April	621
		702.3401	HFMS-2h	65.00	2.70	67.70	$0.046	ERROR:#REF!			May	626
		702.3402	HFMS-2s	65.00	8.20	73.20	$0.050	ERROR:#REF!			June	632
		702.3501	SS-1	57.00	0.20	57.20	$0.039	$0.000			July	646
		702.3501
(Cold Recycling only)	SS-1	65.00	0.20	65.20	$0.044	ERROR:#REF!				August
		702.3601	SS-1h	57.00	0.20	57.20	$0.039	ERROR:#REF!			September
		702.3601
(Cold Recycling only)	SS-1h	65.00	0.20	65.20	$0.044	ERROR:#REF!				October
		702.3101P	RS-2p	63.00	2.70	65.70	$0.045	ERROR:#REF!			November
		702.3102P	HFRS-2p	63.00	2.70	65.70	$0.045	ERROR:#REF!			December
		702.3301P	HFMS-2p	65.00	8.20	73.20	$0.050	ERROR:#REF!				2026
		702.4001	CRS-1	60.00	2.70	62.70	$0.043	ERROR:#REF!			Month	$/ton
		702.4002	CRS-1h	60.00	2.70	62.70	$0.043	ERROR:#REF!			January
		702.4101	CRS-2	65.00	2.70	67.70	$0.046	ERROR:#REF!			February
		702.4201	CMS-2	65.00	10.20	75.20	$0.051	ERROR:#REF!			March
		702.4301	CMS-2h	65.00	10.20	75.20	$0.051	ERROR:#REF!			April
		702.4401	CSS-1	57.00	0.20	57.20	$0.039	ERROR:#REF!
		702.4401
(Cold Recycling only)	CSS-1	65.00	0.20	65.20	$0.044	ERROR:#REF!
		702.4501	CSS-1h	57.00	0.20	57.20	$0.039	ERROR:#REF!
		702.4501
(Cold Recycling only)	CSS-1h	65.00	0.20	65.20	$0.044	ERROR:#REF!
		702.4601	CQS-1h	62.00	0.20	62.20	$0.042	ERROR:#REF!
		702.4001P	CRS-1p	60.00	2.70	62.70	$0.043	ERROR:#REF!
		702.4101P	CRS-2p	65.00	2.70	67.70	$0.046	ERROR:#REF!
		702.4601P	CQS-1p	62.00	0.20	62.20	$0.042	ERROR:#REF!
		702-XXXXT	Diluted Tack Coat	40.00	0.20	40.20	$0.027	ERROR:#REF!
		702-XXXXT	Straight Tack Coat				*See note below	ERROR:#REF!
		702-XXXXTT	Non-Tracking Tack Coat	50.00	0.20	50.20	$0.034	ERROR:#REF!

*Note: For Material Designation 702-XXXXT Straight Tack Coat, use Total Allowable Petroleum % for appropriate emulsion grade

		HEATER SCARIFICATION ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		417.0101	Recycling Agent	65.00	1.00	66.00	$0.005	ERROR:#REF!

		JOINT & CRACK FILLER/SEALER ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.038	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.004	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		PG 64S-22 + Fiber	Asphalt Product	95.00	0.20	95.20	$0.065	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		Mastic Material	Aggregate Reinforced Mastic Mat.	40.00	0.20	40.20	$0.003	ERROR:#REF!
		Rout, Clean & Seal Application Method - ASTM D6690 Type II only
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / LINEAR FEET
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!

		MICROSURFACING & QUICK SET SLURRY SEAL ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		413.02010118	Microsurfacing, Type II, F1	9.00	0.20	9.20	$1.472	ERROR:#REF!
		413.02020118	Microsurfacing, Type II, F2	9.00	0.20	9.20	$1.472	ERROR:#REF!
		413.02030118	Microsurfacing, Type II, F3	9.00	0.20	9.20	$1.472	ERROR:#REF!
		413.03010118	Microsurfacing, Type III, F1	7.50	0.20	7.70	$1.232	ERROR:#REF!
		413.03020118	Microsurfacing, Type III, F2	7.50	0.20	7.70	$1.232	ERROR:#REF!
		413.03030118	Microsurfacing, Type III, F3	7.50	0.20	7.70	$1.232	ERROR:#REF!
		413.04030118	Microsurfacing, Type III Rut Filling	7.50	0.20	7.70	$1.232	ERROR:#REF!
		414.02030118	Quick-set Slurry, Type II, F3	13.50	0.20	13.70	$2.192	ERROR:#REF!
		414.03030118	Quick-set Slurry, Type III, F3	12.00	0.20	12.20	$1.952	ERROR:#REF!

		PAVER PLACED SURFACE TREATMENT ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		415.0x0F0218	Paver Placed ST	6.50	1.00	7.50	$1.200	ERROR:#REF!
		415.1x0F0218	Rubber Modified Paver Placed ST	6.50	1.00	7.50	$1.200	ERROR:#REF!

FORMULAS & EXAMPLE

ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment = (

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of 702.0700 at $3.000/ gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$3.000 +	$0.068	=	$3.068
Total Material Price After Adjustment:		$3.068	per gallon

FORMULAS & EXAMPLE

HEATER SCARIFICATION ITEMS

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment = (

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of 417.0101 at $0.550/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$0.550 +	$0.005	=	$0.555
Total Material Price After Adjustment:		$0.555	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment =

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of ASTM D6690 Type II at $45.000/gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	$0.038	=	$45.038
Total Material Price After Adjustment:		$45.038	per gallon

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment =

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of Mastic Material at $45.000/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	$0.003	=	$45.003
Total Material Price After Adjustment:		$45.003	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Routing, Cleaning and Sealing)

Unit prices per linear foot will be subject to adjustment based on the following formula:

Price Adjustment = (

(per linear foot)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			14,400

Example: 1 linear foot of ASTM D6690 Type II at $1,500.000/LF (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$1,500.000 +	$0.000	=	$1,500.000
Total Material Price After Adjustment:		$1,500.000	per linear foot

FORMULAS & EXAMPLE

MICROSURFACING, PAVER PLACED SURFACE TREATMENT

Unit prices per ton 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 Allowable Petroleum %

Example: 1 ton of 413.02010118 at $200.000/ ton (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$200.000 +	$1.472	=	$201.472
Total Material Price After Adjustment:		$201.472	per ton

https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments?nd=nysdot June 2025 Asphalt Price Adjustment - June 2025

Group	Description	Award #	Contract No.
31555	Comprehensive Liquid Bituminous Materials

Bituminous materials price adjustment(s) EFFECTIVE on: June 1, 2025 ERROR:#REF! Contract Manager Input NYSDOT Average Posted Prices for Asphalt (Performance Graded Binder)

		Award(s) using November 1, 2023 base index of				$630.000	per ton.
		In compliance with the referenced price adjustment clauses contained in the Contract Award Notification for the referenced award(s),							Year:	2025
		the following price adjustments have been calculated.							Month:	June	Posted Price	2024
		MONTHLY PG 64-22 BINDER ADJUSTMENT:		The June 2025 Average is			$632.000	per ton			Month	$/ton
		(F.O.B. Terminal Price for unmodified PG 64-22 binder without anti-stripping agent)							Asphalt Price Adjustment		January	-
		The November 1, 2023 Base Average FOB Terminal Price for Asphalt Cement was				$630.000	per ton.		Base Average =	$630.000	February	-
		Asphalt Price Adjustments shall be calculated and applied to the original prices. There will not be Asphalt Price Adjustments unless the change amounts to more							New Average =	$632.000	March	-
		than $0.010 per gallon, $0.001 per pound, $0.002 per linear foot or $0.10 per ton from the original price.									April	604
		All Asphalt Price Adjustments will be computed to three decimal places.									May	623
		Until further notice, please revise the original contract per gallon/linear foot/ton prices for materials in the referenced award(s) by using									June	628
		the price adjustments listed below:									July	636
		Note: Examples and formulas of how to calculate these price adjustmets can be found at the bottom of this page.									August	633
		ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS - MONTHLY PRICE ADJUSTMENTS:									October	606
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON						November	593
		702.0700	Asphalt Filler (18-60)	100.00	0.20	100.20	$0.000	ERROR:#VALUE!			December	591
		702.3001	RS-1	55.00	1.70	56.70	$0.000	ERROR:#VALUE!				2025
		702.3002	RS-1h	55.00	1.70	56.70	$0.000	$0.000			Month	$/ton
		702.3101	RS-2	63.00	2.70	65.70	$0.000	$0.000			January	591
		702.3102	HFRS-2	63.00	2.70	65.70	$0.000	$0.000			February	598
		702.3201	MS-2	65.00	8.20	73.20	$0.000	$0.000			March	610
		702.3301	HFMS-2	65.00	8.20	73.20	$0.000	ERROR:#REF!			April	621
		702.3401	HFMS-2h	65.00	2.70	67.70	$0.000	ERROR:#REF!			May	626
		702.3402	HFMS-2s	65.00	8.20	73.20	$0.000	ERROR:#REF!			June	632
		702.3501	SS-1	57.00	0.20	57.20	$0.000	$0.000			July
		702.3501
(Cold Recycling only)	SS-1	65.00	0.20	65.20	$0.000	ERROR:#REF!				August
		702.3601	SS-1h	57.00	0.20	57.20	$0.000	ERROR:#REF!			September
		702.3601
(Cold Recycling only)	SS-1h	65.00	0.20	65.20	$0.000	ERROR:#REF!				October
		702.3101P	RS-2p	63.00	2.70	65.70	$0.000	ERROR:#REF!			November
		702.3102P	HFRS-2p	63.00	2.70	65.70	$0.000	ERROR:#REF!			December
		702.3301P	HFMS-2p	65.00	8.20	73.20	$0.000	ERROR:#REF!				2026
		702.4001	CRS-1	60.00	2.70	62.70	$0.000	ERROR:#REF!			Month	$/ton
		702.4002	CRS-1h	60.00	2.70	62.70	$0.000	ERROR:#REF!			January
		702.4101	CRS-2	65.00	2.70	67.70	$0.000	ERROR:#REF!			February
		702.4201	CMS-2	65.00	10.20	75.20	$0.000	ERROR:#REF!			March
		702.4301	CMS-2h	65.00	10.20	75.20	$0.000	ERROR:#REF!			April
		702.4401	CSS-1	57.00	0.20	57.20	$0.000	ERROR:#REF!
		702.4401
(Cold Recycling only)	CSS-1	65.00	0.20	65.20	$0.000	ERROR:#REF!
		702.4501	CSS-1h	57.00	0.20	57.20	$0.000	ERROR:#REF!
		702.4501
(Cold Recycling only)	CSS-1h	65.00	0.20	65.20	$0.000	ERROR:#REF!
		702.4601	CQS-1h	62.00	0.20	62.20	$0.000	ERROR:#REF!
		702.4001P	CRS-1p	60.00	2.70	62.70	$0.000	ERROR:#REF!
		702.4101P	CRS-2p	65.00	2.70	67.70	$0.000	ERROR:#REF!
		702.4601P	CQS-1p	62.00	0.20	62.20	$0.000	ERROR:#REF!
		702-XXXXT	Diluted Tack Coat	40.00	0.20	40.20	$0.000	ERROR:#REF!
		702-XXXXT	Straight Tack Coat				*See note below	ERROR:#REF!
		702-XXXXTT	Non-Tracking Tack Coat	50.00	0.20	50.20	$0.000	ERROR:#REF!

*Note: For Material Designation 702-XXXXT Straight Tack Coat, use Total Allowable Petroleum % for appropriate emulsion grade

		HEATER SCARIFICATION ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		417.0101	Recycling Agent	65.00	1.00	66.00	$0.000	ERROR:#REF!

		JOINT & CRACK FILLER/SEALER ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		PG 64S-22 + Fiber	Asphalt Product	95.00	0.20	95.20	$0.000	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		Mastic Material	Aggregate Reinforced Mastic Mat.	40.00	0.20	40.20	$0.000	ERROR:#REF!
		Rout, Clean & Seal Application Method - ASTM D6690 Type II only
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / LINEAR FEET
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!

		MICROSURFACING & QUICK SET SLURRY SEAL ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		413.02010118	Microsurfacing, Type II, F1	9.00	0.20	9.20	$0.184	ERROR:#REF!
		413.02020118	Microsurfacing, Type II, F2	9.00	0.20	9.20	$0.184	ERROR:#REF!
		413.02030118	Microsurfacing, Type II, F3	9.00	0.20	9.20	$0.184	ERROR:#REF!
		413.03010118	Microsurfacing, Type III, F1	7.50	0.20	7.70	$0.154	ERROR:#REF!
		413.03020118	Microsurfacing, Type III, F2	7.50	0.20	7.70	$0.154	ERROR:#REF!
		413.03030118	Microsurfacing, Type III, F3	7.50	0.20	7.70	$0.154	ERROR:#REF!
		413.04030118	Microsurfacing, Type III Rut Filling	7.50	0.20	7.70	$0.154	ERROR:#REF!
		414.02030118	Quick-set Slurry, Type II, F3	13.50	0.20	13.70	$0.274	ERROR:#REF!
		414.03030118	Quick-set Slurry, Type III, F3	12.00	0.20	12.20	$0.244	ERROR:#REF!

		PAVER PLACED SURFACE TREATMENT ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		415.0x0F0218	Paver Placed ST	6.50	1.00	7.50	$0.150	ERROR:#REF!
		415.1x0F0218	Rubber Modified Paver Placed ST	6.50	1.00	7.50	$0.150	ERROR:#REF!

FORMULAS & EXAMPLE

ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment = (

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of 702.0700 at $3.000/ gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$3.000 +	$0.000	=	$3.000
Total Material Price After Adjustment:		$3.000	per gallon

FORMULAS & EXAMPLE

HEATER SCARIFICATION ITEMS

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment = (

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of 417.0101 at $0.550/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$0.550 +	$0.000	=	$0.550
Total Material Price After Adjustment:		$0.550	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment =

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of ASTM D6690 Type II at $45.000/gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	$0.000	=	$45.000
Total Material Price After Adjustment:		$45.000	per gallon

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment =

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of Mastic Material at $45.000/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	$0.000	=	$45.000
Total Material Price After Adjustment:		$45.000	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Routing, Cleaning and Sealing)

Unit prices per linear foot will be subject to adjustment based on the following formula:

Price Adjustment = (

(per linear foot)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			14,400

Example: 1 linear foot of ASTM D6690 Type II at $1,500.000/LF (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$1,500.000 +	$0.000	=	$1,500.000
Total Material Price After Adjustment:		$1,500.000	per linear foot

FORMULAS & EXAMPLE

MICROSURFACING, PAVER PLACED SURFACE TREATMENT

Unit prices per ton 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 Allowable Petroleum %

Example: 1 ton of 413.02010118 at $200.000/ ton (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$200.000 +	$0.184	=	$200.184
Total Material Price After Adjustment:		$200.184	per ton

https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments?nd=nysdot May 2025 Asphalt Price Adjustment - May 2025

Group	Description	Award #	Contract No.
31555	Comprehensive Liquid Bituminous Materials

Bituminous materials price adjustment(s) EFFECTIVE on: May 1, 2025 ERROR:#REF! Contract Manager Input NYSDOT Average Posted Prices for Asphalt (Performance Graded Binder)

		Award(s) using November 1, 2023 base index of				$630.000	per ton.
		In compliance with the referenced price adjustment clauses contained in the Contract Award Notification for the referenced award(s),							Year:	2025
		the following price adjustments have been calculated.							Month:	May		Posted Price	2024
		MONTHLY PG 64-22 BINDER ADJUSTMENT:		The May 2025 Average is			$626.000	per ton				Month	$/ton
		(F.O.B. Terminal Price for unmodified PG 64-22 binder without anti-stripping agent)							Asphalt Price Adjustment			January	-
		The November 1, 2023 Base Average FOB Terminal Price for Asphalt Cement was				$630.000	per ton.		Base Average =	$630.000		February	-
		Asphalt Price Adjustments shall be calculated and applied to the original prices. There will not be Asphalt Price Adjustments unless the change amounts to more							New Average =	$626.000		March	-
		than $0.010 per gallon, $0.001 per pound, $0.002 per linear foot or $0.10 per ton from the original price.										April	604
		All Asphalt Price Adjustments will be computed to three decimal places.										May	623
		Until further notice, please revise the original contract per gallon/linear foot/ton prices for materials in the referenced award(s) by using										June	628
		the price adjustments listed below:										July	636
		Note: Examples and formulas of how to calculate these price adjustmets can be found at the bottom of this page.										August	633
		Please be aware that this month's Price Adjustments are lower; decreasing the prices of the contract.
See examples below when making calculations.										September	621
		ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS - MONTHLY PRICE ADJUSTMENTS:										October	606
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON						November	593
		702.0700	Asphalt Filler (18-60)	100.00	0.20	100.20	- $0.017	ERROR:#VALUE!				December	591
		702.3001	RS-1	55.00	1.70	56.70	$0.000	ERROR:#VALUE!					2025
		702.3002	RS-1h	55.00	1.70	56.70	$0.000	$0.000				Month	$/ton
		702.3101	RS-2	63.00	2.70	65.70	- $0.011	$0.000				January	591
		702.3102	HFRS-2	63.00	2.70	65.70	- $0.011	$0.000				February	598
		702.3201	MS-2	65.00	8.20	73.20	- $0.012	$0.000				March	610
		702.3301	HFMS-2	65.00	8.20	73.20	- $0.012	ERROR:#REF!				April	621
		702.3401	HFMS-2h	65.00	2.70	67.70	- $0.012	ERROR:#REF!				May	626
		702.3402	HFMS-2s	65.00	8.20	73.20	- $0.012	$0.000				June
		702.3501	SS-1	57.00	0.20	57.20	$0.000	$0.000				July
		702.3501
(Cold Recycling only)	SS-1	65.00	0.20	65.20	- $0.011	ERROR:#REF!				August
		702.3601	SS-1h	57.00	0.20	57.20	$0.000	ERROR:#REF!				September
		702.3601
(Cold Recycling only)	SS-1h	65.00	0.20	65.20	- $0.011	ERROR:#REF!				October
		702.3101P	RS-2p	63.00	2.70	65.70	- $0.011	ERROR:#REF!				November
		702.3102P	HFRS-2p	63.00	2.70	65.70	- $0.011	ERROR:#REF!				December
		702.3301P	HFMS-2p	65.00	8.20	73.20	- $0.012	ERROR:#REF!					2026
		702.4001	CRS-1	60.00	2.70	62.70	- $0.011	ERROR:#REF!				Month	$/ton
		702.4002	CRS-1h	60.00	2.70	62.70	- $0.011	ERROR:#REF!				January
		702.4101	CRS-2	65.00	2.70	67.70	- $0.012	ERROR:#REF!				February
		702.4201	CMS-2	65.00	10.20	75.20	- $0.013	ERROR:#REF!				March
		702.4301	CMS-2h	65.00	10.20	75.20	- $0.013	ERROR:#REF!				April
		702.4401	CSS-1	57.00	0.20	57.20	$0.000	ERROR:#REF!
		702.4401
(Cold Recycling only)	CSS-1	65.00	0.20	65.20	- $0.011	ERROR:#REF!
		702.4501	CSS-1h	57.00	0.20	57.20	$0.000	ERROR:#REF!
		702.4501
(Cold Recycling only)	CSS-1h	65.00	0.20	65.20	- $0.011	ERROR:#REF!
		702.4601	CQS-1h	62.00	0.20	62.20	- $0.011	ERROR:#REF!
		702.4001P	CRS-1p	60.00	2.70	62.70	- $0.011	ERROR:#REF!
		702.4101P	CRS-2p	65.00	2.70	67.70	- $0.012	ERROR:#REF!
		702.4601P	CQS-1p	62.00	0.20	62.20	- $0.011	ERROR:#REF!
		702-XXXXT	Diluted Tack Coat	40.00	0.20	40.20	$0.000	ERROR:#REF!
		702-XXXXT	Straight Tack Coat				*See note below	ERROR:#REF!
		702-XXXXTT	Non-Tracking Tack Coat	50.00	0.20	50.20	$0.000	ERROR:#REF!

*Note: For Material Designation 702-XXXXT Straight Tack Coat, use Total Allowable Petroleum % for appropriate emulsion grade

		HEATER SCARIFICATION ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		417.0101	Recycling Agent	65.00	1.00	66.00	- $0.001	ERROR:#REF!

		JOINT & CRACK FILLER/SEALER ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	- $0.001	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		PG 64S-22 + Fiber	Asphalt Product	95.00	0.20	95.20	- $0.016	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		Mastic Material	Aggregate Reinforced Mastic Mat.	40.00	0.20	40.20	$0.000	ERROR:#REF!
		Rout, Clean & Seal Application Method - ASTM D6690 Type II only
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / LINEAR FEET
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!

		MICROSURFACING & QUICK SET SLURRY SEAL ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		413.02010118	Microsurfacing, Type II, F1	9.00	0.20	9.20	- $0.368	ERROR:#REF!
		413.02020118	Microsurfacing, Type II, F2	9.00	0.20	9.20	- $0.368	ERROR:#REF!
		413.02030118	Microsurfacing, Type II, F3	9.00	0.20	9.20	- $0.368	ERROR:#REF!
		413.03010118	Microsurfacing, Type III, F1	7.50	0.20	7.70	- $0.308	ERROR:#REF!
		413.03020118	Microsurfacing, Type III, F2	7.50	0.20	7.70	- $0.308	ERROR:#REF!
		413.03030118	Microsurfacing, Type III, F3	7.50	0.20	7.70	- $0.308	ERROR:#REF!
		413.04030118	Microsurfacing, Type III Rut Filling	7.50	0.20	7.70	- $0.308	ERROR:#REF!
		414.02030118	Quick-set Slurry, Type II, F3	13.50	0.20	13.70	- $0.548	ERROR:#REF!
		414.03030118	Quick-set Slurry, Type III, F3	12.00	0.20	12.20	- $0.488	ERROR:#REF!

		PAVER PLACED SURFACE TREATMENT ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		415.0x0F0218	Paver Placed ST	6.50	1.00	7.50	- $0.300	ERROR:#REF!
		415.1x0F0218	Rubber Modified Paver Placed ST	6.50	1.00	7.50	- $0.300	ERROR:#REF!

FORMULAS & EXAMPLE

ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment = (

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of 702.0700 at $3.000/ gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$3.000 +	- $0.017	=	$2.983
Total Material Price After Adjustment:		$2.983	per gallon

FORMULAS & EXAMPLE

HEATER SCARIFICATION ITEMS

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment = (

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of 417.0101 at $0.550/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$0.550 +	- $0.001	=	$0.549
Total Material Price After Adjustment:		$0.549	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment =

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of ASTM D6690 Type II at $45.000/gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	$0.000	=	$45.000
Total Material Price After Adjustment:		$45.000	per gallon

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment =

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of Mastic Material at $45.000/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	$0.000	=	$45.000
Total Material Price After Adjustment:		$45.000	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Routing, Cleaning and Sealing)

Unit prices per linear foot will be subject to adjustment based on the following formula:

Price Adjustment = (

(per linear foot)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			14,400

Example: 1 linear foot of ASTM D6690 Type II at $1,500.000/LF (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$1,500.000 +	$0.000	=	$1,500.000
Total Material Price After Adjustment:		$1,500.000	per linear foot

FORMULAS & EXAMPLE

MICROSURFACING, PAVER PLACED SURFACE TREATMENT

Unit prices per ton 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 Allowable Petroleum %

Example: 1 ton of 413.02010118 at $200.000/ ton (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$200.000 +	- $0.368	=	$199.632
Total Material Price After Adjustment:		$199.632	per ton

https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments?nd=nysdot April 2025 Asphalt Price Adjustment - April 2025

Group	Description	Award #	Contract No.
31555	Comprehensive Liquid Bituminous Materials

Bituminous materials price adjustment(s) EFFECTIVE on: April 1, 2025 ERROR:#REF! Contract Manager Input NYSDOT Average Posted Prices for Asphalt (Performance Graded Binder)

		Award(s) using November 1, 2023 base index of				$630.000	per ton.
		In compliance with the referenced price adjustment clauses contained in the Contract Award Notification for the referenced award(s),							Year:	2025
		the following price adjustments have been calculated.							Month:	April		Posted Price	2024
		MONTHLY PG 64-22 BINDER ADJUSTMENT:		The April 2025 Average is			$621.000	per ton				Month	$/ton
		(F.O.B. Terminal Price for unmodified PG 64-22 binder without anti-stripping agent)							Asphalt Price Adjustment			January	-
		The November 1, 2023 Base Average FOB Terminal Price for Asphalt Cement was				$630.000	per ton.		Base Average =	$630.000		February	-
		Asphalt Price Adjustments shall be calculated and applied to the original prices. There will not be Asphalt Price Adjustments unless the change amounts to more							New Average =	$621.000		March	-
		than $0.010 per gallon, $0.001 per pound, $0.002 per linear foot or $0.10 per ton from the original price.										April	604
		All Asphalt Price Adjustments will be computed to three decimal places.										May	623
		Until further notice, please revise the original contract per gallon/linear foot/ton prices for materials in the referenced award(s) by using										June	628
		the price adjustments listed below:										July	636
		Note: Examples and formulas of how to calculate these price adjustmets can be found at the bottom of this page.										August	633
		Please be aware that this month's Price Adjustments are lower; decreasing the prices of the contract.
See examples below when making calculations.										September	621
		ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS - MONTHLY PRICE ADJUSTMENTS:										October	606
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON						November	593
		702.0700	Asphalt Filler (18-60)	100.00	0.20	100.20	- $0.038	ERROR:#VALUE!				December	591
		702.3001	RS-1	55.00	1.70	56.70	- $0.022	ERROR:#VALUE!					2025
		702.3002	RS-1h	55.00	1.70	56.70	- $0.022	$0.000				Month	$/ton
		702.3101	RS-2	63.00	2.70	65.70	- $0.025	$0.000				January	591
		702.3102	HFRS-2	63.00	2.70	65.70	- $0.025	$0.000				February	598
		702.3201	MS-2	65.00	8.20	73.20	- $0.028	$0.000				March	610
		702.3301	HFMS-2	65.00	8.20	73.20	- $0.028	ERROR:#REF!				April	621
		702.3401	HFMS-2h	65.00	2.70	67.70	- $0.026	ERROR:#REF!				May
		702.3402	HFMS-2s	65.00	8.20	73.20	- $0.028	$0.000				June
		702.3501	SS-1	57.00	0.20	57.20	- $0.022	$0.000				July
		702.3501
(Cold Recycling only)	SS-1	65.00	0.20	65.20	- $0.025	ERROR:#REF!				August
		702.3601	SS-1h	57.00	0.20	57.20	- $0.022	ERROR:#REF!				September
		702.3601
(Cold Recycling only)	SS-1h	65.00	0.20	65.20	- $0.025	ERROR:#REF!				October
		702.3101P	RS-2p	63.00	2.70	65.70	- $0.025	ERROR:#REF!				November
		702.3102P	HFRS-2p	63.00	2.70	65.70	- $0.025	ERROR:#REF!				December
		702.3301P	HFMS-2p	65.00	8.20	73.20	- $0.028	ERROR:#REF!					2026
		702.4001	CRS-1	60.00	2.70	62.70	- $0.024	ERROR:#REF!				Month	$/ton
		702.4002	CRS-1h	60.00	2.70	62.70	- $0.024	ERROR:#REF!				January
		702.4101	CRS-2	65.00	2.70	67.70	- $0.026	ERROR:#REF!				February
		702.4201	CMS-2	65.00	10.20	75.20	- $0.029	ERROR:#REF!				March
		702.4301	CMS-2h	65.00	10.20	75.20	- $0.029	ERROR:#REF!				April
		702.4401	CSS-1	57.00	0.20	57.20	- $0.022	ERROR:#REF!
		702.4401
(Cold Recycling only)	CSS-1	65.00	0.20	65.20	- $0.025	ERROR:#REF!
		702.4501	CSS-1h	57.00	0.20	57.20	- $0.022	ERROR:#REF!
		702.4501
(Cold Recycling only)	CSS-1h	65.00	0.20	65.20	- $0.025	ERROR:#REF!
		702.4601	CQS-1h	62.00	0.20	62.20	- $0.024	ERROR:#REF!
		702.4001P	CRS-1p	60.00	2.70	62.70	- $0.024	ERROR:#REF!
		702.4101P	CRS-2p	65.00	2.70	67.70	- $0.026	ERROR:#REF!
		702.4601P	CQS-1p	62.00	0.20	62.20	- $0.024	ERROR:#REF!
		702-XXXXT	Diluted Tack Coat	40.00	0.20	40.20	- $0.015	ERROR:#REF!
		702-XXXXT	Straight Tack Coat				*See note below	ERROR:#REF!
		702-XXXXTT	Non-Tracking Tack Coat	50.00	0.20	50.20	- $0.019	ERROR:#REF!

*Note: For Material Designation 702-XXXXT Straight Tack Coat, use Total Allowable Petroleum % for appropriate emulsion grade

		HEATER SCARIFICATION ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		417.0101	Recycling Agent	65.00	1.00	66.00	- $0.003	ERROR:#REF!

		JOINT & CRACK FILLER/SEALER ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	- $0.022	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	- $0.003	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		PG 64S-22 + Fiber	Asphalt Product	95.00	0.20	95.20	- $0.036	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		Mastic Material	Aggregate Reinforced Mastic Mat.	40.00	0.20	40.20	- $0.002	ERROR:#REF!
		Rout, Clean & Seal Application Method - ASTM D6690 Type II only
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / LINEAR FEET
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!

		MICROSURFACING & QUICK SET SLURRY SEAL ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		413.02010118	Microsurfacing, Type II, F1	9.00	0.20	9.20	- $0.828	ERROR:#REF!
		413.02020118	Microsurfacing, Type II, F2	9.00	0.20	9.20	- $0.828	ERROR:#REF!
		413.02030118	Microsurfacing, Type II, F3	9.00	0.20	9.20	- $0.828	ERROR:#REF!
		413.03010118	Microsurfacing, Type III, F1	7.50	0.20	7.70	- $0.693	ERROR:#REF!
		413.03020118	Microsurfacing, Type III, F2	7.50	0.20	7.70	- $0.693	ERROR:#REF!
		413.03030118	Microsurfacing, Type III, F3	7.50	0.20	7.70	- $0.693	ERROR:#REF!
		413.04030118	Microsurfacing, Type III Rut Filling	7.50	0.20	7.70	- $0.693	ERROR:#REF!
		414.02030118	Quick-set Slurry, Type II, F3	13.50	0.20	13.70	- $1.233	ERROR:#REF!
		414.03030118	Quick-set Slurry, Type III, F3	12.00	0.20	12.20	- $1.098	ERROR:#REF!

		PAVER PLACED SURFACE TREATMENT ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		415.0x0F0218	Paver Placed ST	6.50	1.00	7.50	- $0.675	ERROR:#REF!
		415.1x0F0218	Rubber Modified Paver Placed ST	6.50	1.00	7.50	- $0.675	ERROR:#REF!

FORMULAS & EXAMPLE

ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment = (

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of 702.0700 at $3.000/ gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$3.000 +	- $0.038	=	$2.962
Total Material Price After Adjustment:		$2.962	per gallon

FORMULAS & EXAMPLE

HEATER SCARIFICATION ITEMS

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment = (

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of 417.0101 at $0.550/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$0.550 +	- $0.003	=	$0.547
Total Material Price After Adjustment:		$0.547	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment =

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

Example: 1 gallon of ASTM D6690 Type II at $45.000/gallon (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	- $0.022	=	$44.978
Total Material Price After Adjustment:		$44.978	per gallon

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Crack Sealing)

Unit prices per pound will be subject to adjustment based on the following formula:

Price Adjustment =

(per pound)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			2000

Example: 1 pound of Mastic Material at $45.000/pound (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$45.000 +	- $0.002	=	$44.998
Total Material Price After Adjustment:		$44.998	per pound

FORMULAS & EXAMPLE

JOINT AND CRACK FILLER/SEALER ITEMS (for Routing, Cleaning and Sealing)

Unit prices per linear foot will be subject to adjustment based on the following formula:

Price Adjustment = (

(per linear foot)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			14,400

Example: 1 linear foot of ASTM D6690 Type II at $1,500.000/LF (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$1,500.000 +	$0.000	=	$1,500.000
Total Material Price After Adjustment:		$1,500.000	per linear foot

FORMULAS & EXAMPLE

MICROSURFACING, PAVER PLACED SURFACE TREATMENT

Unit prices per ton 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 Allowable Petroleum %

Example: 1 ton of 413.02010118 at $200.000/ ton (example, not reflecting actual pricing from the contract)
Binder Adjustment:
	$200.000 +	- $0.828	=	$199.172
Total Material Price After Adjustment:		$199.172	per ton

https://www.dot.ny.gov/main/business-center/contractors/construction-division/fuel-asphalt-steel-price-adjustments?nd=nysdot March 2025 Asphalt Price Adjustment - March 2025

Group	Description	Award #	Contract No.
31555	Comprehensive Liquid Bituminous Materials

Bituminous materials price adjustment(s) EFFECTIVE on: March 1, 2025 ERROR:#REF! Contract Manager Input NYSDOT Average Posted Prices for Asphalt (Performance Graded Binder)

		Award(s) using November 1, 2023 base index of				$630.000	per ton.
		In compliance with the referenced price adjustment clauses contained in the Contract Award Notification for the referenced award(s),							Year:	2025
		the following price adjustments have been calculated.							Month:	March		Posted Price	2024
		MONTHLY PG 64-22 BINDER ADJUSTMENT:		The March 2025 Average is			$610.000	per ton				Month	$/ton
		(F.O.B. Terminal Price for unmodified PG 64-22 binder without anti-stripping agent)							Asphalt Price Adjustment			January	-
		The November 1, 2023 Base Average FOB Terminal Price for Asphalt Cement was				$630.000	per ton.		Base Average =	$630.000		February	-
		Asphalt Price Adjustments shall be calculated and applied to the original prices. There will not be Asphalt Price Adjustments unless the change amounts to more							New Average =	$610.000		March	-
		than $0.010 per gallon, $0.001 per pound, $0.002 per linear foot or $0.10 per ton from the original price.										April	604
		All Asphalt Price Adjustments will be computed to three decimal places.										May	623
		Until further notice, please revise the original contract per gallon/linear foot/ton prices for materials in the referenced award(s) by using										June	628
		the price adjustments listed below:										July	636
		Note: Examples and formulas of how to calculate these price adjustmets can be found at the bottom of this page.										August	633
		Please be aware that this month's Price Adjustments are lower; decreasing the prices of the contract.
See examples below when making calculations.										September	621
		ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS - MONTHLY PRICE ADJUSTMENTS:										October	606
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON						November	593
		702.0700	Asphalt Filler (18-60)	100.00	0.20	100.20	- $0.085	ERROR:#VALUE!				December	591
		702.3001	RS-1	55.00	1.70	56.70	- $0.048	ERROR:#VALUE!					2025
		702.3002	RS-1h	55.00	1.70	56.70	- $0.048	$0.000				Month	$/ton
		702.3101	RS-2	63.00	2.70	65.70	- $0.056	$0.000				January	591
		702.3102	HFRS-2	63.00	2.70	65.70	- $0.056	$0.000				February	598
		702.3201	MS-2	65.00	8.20	73.20	- $0.062	$0.000				March	610
		702.3301	HFMS-2	65.00	8.20	73.20	- $0.062	ERROR:#REF!				April
		702.3401	HFMS-2h	65.00	2.70	67.70	- $0.058	ERROR:#REF!				May
		702.3402	HFMS-2s	65.00	8.20	73.20	- $0.062	$0.000				June
		702.3501	SS-1	57.00	0.20	57.20	- $0.049	$0.000				July
		702.3501
(Cold Recycling only)	SS-1	65.00	0.20	65.20	- $0.055	ERROR:#REF!				August
		702.3601	SS-1h	57.00	0.20	57.20	- $0.049	ERROR:#REF!				September
		702.3601
(Cold Recycling only)	SS-1h	65.00	0.20	65.20	- $0.055	ERROR:#REF!				October
		702.3101P	RS-2p	63.00	2.70	65.70	- $0.056	ERROR:#REF!				November
		702.3102P	HFRS-2p	63.00	2.70	65.70	- $0.056	ERROR:#REF!				December
		702.3301P	HFMS-2p	65.00	8.20	73.20	- $0.062	ERROR:#REF!					2026
		702.4001	CRS-1	60.00	2.70	62.70	- $0.053	ERROR:#REF!				Month	$/ton
		702.4002	CRS-1h	60.00	2.70	62.70	- $0.053	ERROR:#REF!				January
		702.4101	CRS-2	65.00	2.70	67.70	- $0.058	ERROR:#REF!				February
		702.4201	CMS-2	65.00	10.20	75.20	- $0.064	ERROR:#REF!				March
		702.4301	CMS-2h	65.00	10.20	75.20	- $0.064	ERROR:#REF!				April
		702.4401	CSS-1	57.00	0.20	57.20	- $0.049	ERROR:#REF!
		702.4401
(Cold Recycling only)	CSS-1	65.00	0.20	65.20	- $0.055	ERROR:#REF!
		702.4501	CSS-1h	57.00	0.20	57.20	- $0.049	ERROR:#REF!
		702.4501
(Cold Recycling only)	CSS-1h	65.00	0.20	65.20	- $0.055	ERROR:#REF!
		702.4601	CQS-1h	62.00	0.20	62.20	- $0.053	ERROR:#REF!
		702.4001P	CRS-1p	60.00	2.70	62.70	- $0.053	ERROR:#REF!
		702.4101P	CRS-2p	65.00	2.70	67.70	- $0.058	ERROR:#REF!
		702.4601P	CQS-1p	62.00	0.20	62.20	- $0.053	ERROR:#REF!
		702-XXXXT	Diluted Tack Coat	40.00	0.20	40.20	- $0.034	ERROR:#REF!
		702-XXXXT	Straight Tack Coat				*See note below	ERROR:#REF!
		702-XXXXTT	Non-Tracking Tack Coat	50.00	0.20	50.20	- $0.043	ERROR:#REF!

*Note: For Material Designation 702-XXXXT Straight Tack Coat, use Total Allowable Petroleum % for appropriate emulsion grade

		HEATER SCARIFICATION ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		417.0101	Recycling Agent	65.00	1.00	66.00	- $0.007	ERROR:#REF!

		JOINT & CRACK FILLER/SEALER ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	- $0.048	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	- $0.006	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / GALLON
		PG 64S-22 + Fiber	Asphalt Product	95.00	0.20	95.20	- $0.081	ERROR:#REF!
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / POUND
		Mastic Material	Aggregate Reinforced Mastic Mat.	40.00	0.20	40.20	- $0.004	ERROR:#REF!
		Rout, Clean & Seal Application Method - ASTM D6690 Type II only
		ITEM	GRADE / DESCRIPTION	% ASPHALT	PETROLEUM
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUSTMENT / LINEAR FEET
		ASTM D6690 Type II	Joint Sealer	56.00	0.20	56.20	$0.000	ERROR:#REF!

		MICROSURFACING & QUICK SET SLURRY SEAL ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		413.02010118	Microsurfacing, Type II, F1	9.00	0.20	9.20	- $1.840	ERROR:#REF!
		413.02020118	Microsurfacing, Type II, F2	9.00	0.20	9.20	- $1.840	ERROR:#REF!
		413.02030118	Microsurfacing, Type II, F3	9.00	0.20	9.20	- $1.840	ERROR:#REF!
		413.03010118	Microsurfacing, Type III, F1	7.50	0.20	7.70	- $1.540	ERROR:#REF!
		413.03020118	Microsurfacing, Type III, F2	7.50	0.20	7.70	- $1.540	ERROR:#REF!
		413.03030118	Microsurfacing, Type III, F3	7.50	0.20	7.70	- $1.540	ERROR:#REF!
		413.04030118	Microsurfacing, Type III Rut Filling	7.50	0.20	7.70	- $1.540	ERROR:#REF!
		414.02030118	Quick-set Slurry, Type II, F3	13.50	0.20	13.70	- $2.740	ERROR:#REF!
		414.03030118	Quick-set Slurry, Type III, F3	12.00	0.20	12.20	- $2.440	ERROR:#REF!

		PAVER PLACED SURFACE TREATMENT ITEMS - MONTHLY PRICE ADJUSTMENTS:
		ITEM	GRADE / DESCRIPTION	% ASPHALT	FUEL
ALLOWANCE	TOTAL ALLOWABLE
PETROLEUM %	PRICE ADJUST / TON
		415.0x0F0218	Paver Placed ST	6.50	1.00	7.50	- $1.500	ERROR:#REF!
		415.1x0F0218	Rubber Modified Paver Placed ST	6.50	1.00	7.50	- $1.500	ERROR:#REF!

FORMULAS & EXAMPLE

ASPHALT EMULSIONS, CHIP SEAL AND COLD RECYCLING ITEMS

Unit prices per gallon will be subject to adjustment based on the following formula:

Price Adjustment = (

(per gallon)	New Monthly Average
F.O.B. Terminal Price	-	Base Average F.O.B.
Terminal Price		) X Total Allowable Petroleum %
			235

This is the start of the file's text. The full file is on GovTribe.

File details come from the government source that posted it. Updated Jul 11, 2025.