April 2020 Fuel Adjustment WI State Agency Contract.xlsx

XLSX spreadsheet 22 KB Posted

Attached to
Prime Vendor Food Contract
Contract number
435820-O16-FoodIndHd---01
Issued by
Wisconsin

About this file

This document is a fuel cost adjustment schedule for a Wisconsin State Agency contract dated April 2020. The document outlines the fuel surcharge mechanism that applies to deliveries under an existing state contract, tracking diesel fuel price fluctuations and corresponding per-case adjustments from May 2018 through April 2020.

The contract establishes a tiered fuel adjustment system where per-case fees increase by $0.01 for every $0.10 that diesel fuel prices exceed $3.50 per gallon, with adjustments applied to invoices in the following month. Conversely, per-case credits of $0.005 are provided for every $0.10 decrease below $3.00 per gallon. The historical data shows diesel prices ranging from $2.591 to $3.599 per gallon during the tracked period, with corresponding per-case adjustments ranging from credits of $0.025 to fees of $0.01. The adjustment mechanism appears to cover deliveries of goods sold by case quantities, with fuel surcharge implementation determined by mutual agreement between the state and contract vendor.

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Text version

WI State Agency

Wisconsin State Agency Fuel Cost Adjustment
Fuel cost adjustments, including increases or reductions, may be allowable for deliveries under this contract, to be determined upon mutual agreement. If the Contract vendor chooses to use a fuel surcharge, the following conditions will apply:
Each time the average price* exceeds $3.50 per gallon, a per case cost of $ 0.01 for each $ 0.10 increase in diesel fuel over $3.50 per gallon will be added to invoices billed in the following month, beginning at the first day of the month.
Alternatively, each time the average price* falls below $3.00 per gallon, a per case reduction of $ 0.005 for each $ 0.10 decrease in diesel fuel below $3.00 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month.
Add Per CaseCredit Per Case
Fuel Cost RangePer case FeeFuel Cost RangePer case creditDateAverage PricePer case FeeEffective
5/21/18$ 3.218$ - 06/1/18
$ 3.50$ 3.599$ 0.01$ 2.900$ 2.999$ (0.005)6/18/18$ 3.173$ - 07/1/18
$ 3.600$ 3.699$ 0.02$ 2.800$ 2.899$ (0.010)7/16/18$ 3.171$ - 08/1/18
$ 3.700$ 3.799$ 0.03$ 2.70$ 2.799$ (0.015)8/20/18$ 3.129$ - 09/1/18
$ 3.800$ 3.899$ 0.04$ 2.600$ 2.699$ (0.020)9/20/18$ 3.208$ - 010/1/18
$ 3.900$ 3.999$ 0.05$ 2.500$ 2.599$ (0.025)10/15/18$ 3.351$ - 011/1/18
$ 4.000$ 4.099$ 0.06$ 2.400$ 2.499$ (0.030)11/19/18$ 3.216$ - 012/1/18
$ 4.100$ 4.199$ 0.07$ 2.300$ 2.399$ (0.035)12/17/18$ 3.018$ - 01/1/19
$ 4.200$ 4.299$ 0.08$ 2.200$ 2.299$ (0.040)1/21/19$ 2.807$ (0.010)2/1/19
$ 2.100$ 2.199$ (0.045)2/18/19$ 2.904$ (0.005)3/1/19
$ 2.000$ 2.099$ (0.050)3/18/19$ 2.992$ (0.005)4/1/19
$ 1.900$ 1.999$ (0.055)4/15/19$ 3.010$ - 05/1/19
5/20/19$ 3.049$ - 06/1/19
6/17/19$ 2.957$ (0.005)7/1/19
7/15/19$ 2.956$ (0.005)8/1/19
8/19/19$ 2.900$ (0.005)9/1/19
9/16/19$ 2.882$ (0.010)10/1/19
10/21/19$ 2.957$ (0.005)11/1/19
11/18/19$ 2.971$ (0.005)12/1/19
12/16/19$ 2.970$ (0.005)1/1/20
1/20/20$ 2.937$ (0.005)2/1/20
2/17/20$ 2.757$ (0.015)3/1/20
3/16/20$ 2.591$ (0.025)4/1/20
Fuel cost adjustments, including increases or reductions, may be allowable for deliveries under this contract, to be determined upon mutual agreement. If the Contract vendor chooses to use a fuel surcharge, the following conditions will apply:
Each time the average price* exceeds $3.50 per gallon, a per case cost of $ 0.01 for each $ 0.10 increase in diesel fuel over $3.50 per gallon will be added to invoices billed in the following month, beginning at the first day of the month.

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