April 2021 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 an April 2021 fuel cost adjustment schedule for a Wisconsin State Agency contract, establishing a systematic approach for adjusting delivery costs based on diesel fuel price fluctuations. The document covers fuel price tracking and corresponding cost adjustments from October 2018 through April 2021, providing a comprehensive historical record of fuel surcharge calculations for Wisconsin state agency deliveries.

The contract establishes a fuel surcharge mechanism where delivery costs are adjusted based on diesel fuel prices relative to baseline thresholds of $3.50 and $3.00 per gallon. When average diesel prices exceed $3.50 per gallon, a per-case surcharge of $0.01 is applied for each $0.10 increase above this threshold, with surcharges scaling up to $0.08 per case for prices in the $4.20-$4.29 range. Conversely, when prices fall below $3.00 per gallon, per-case credits of $0.005 are provided for each $0.10 decrease below the threshold, with maximum credits reaching $0.050 per case for prices below $2.10 per gallon. The historical data shows significant price volatility, with diesel averaging as high as $3.60+ in late 2018 and falling to below $2.30 during 2020, demonstrating the contract's responsiveness to market conditions while providing cost protection for both parties.

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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 $3.00 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month.
Add Per CaseCredit Per Case
Fuel Cost RangePer case FeeFuel Cost RangePer case creditDateAverage PricePer case FeeEffective
10/15/18$ 3.351$ - 011/1/18
$ 3.50$ 3.599$ 0.01$ 2.900$ 2.999$ (0.005)11/19/18$ 3.216$ - 012/1/18
$ 3.600$ 3.699$ 0.02$ 2.800$ 2.899$ (0.010)12/17/18$ 3.018$ - 01/1/19
$ 3.700$ 3.799$ 0.03$ 2.70$ 2.799$ (0.015)1/21/19$ 2.807$ (0.010)2/1/19
$ 3.800$ 3.899$ 0.04$ 2.600$ 2.699$ (0.020)2/18/19$ 2.904$ (0.005)3/1/19
$ 3.900$ 3.999$ 0.05$ 2.500$ 2.599$ (0.025)3/18/19$ 2.992$ (0.005)4/1/19
$ 4.000$ 4.099$ 0.06$ 2.400$ 2.499$ (0.030)4/15/19$ 3.010$ - 05/1/19
$ 4.100$ 4.199$ 0.07$ 2.300$ 2.399$ (0.035)5/20/19$ 3.049$ - 06/1/19
$ 4.200$ 4.299$ 0.08$ 2.200$ 2.299$ (0.040)6/17/19$ 2.957$ (0.005)7/1/19
$ 2.100$ 2.199$ (0.045)7/15/19$ 2.956$ (0.005)8/1/19
$ 2.000$ 2.099$ (0.050)8/19/19$ 2.900$ (0.005)9/1/19
$ 1.900$ 1.999$ (0.055)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
4/20/20$ 2.326$ (0.035)5/1/20
5/18/20$ 2.229$ (0.040)6/1/20
6/15/20$ 2.256$ (0.040)7/1/20
7/20/20$ 2.309$ (0.035)8/1/20
8/17/20$ 2.308$ (0.035)9/1/20
9/21/20$ 2.282$ (0.040)10/1/20
10/19/20$ 2.269$ (0.040)11/1/20
11/16/20$ 2.339$ (0.035)12/1/20
12/21/20$ 2.559$ (0.025)1/1/21
1/18/21$ 2.632$ (0.020)2/1/21
2/15/21$ 2.852$ (0.010)3/1/21
3/15/21$ 3.169$ - 04/1/21
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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