ATTACHMENT D MATERIAL PRICE ADJUSTMENT SHEET AND EXAMPLE (2).pdf
PDF 2 MB Posted
- Attached to
- 1941-27-R-IFBD-00012
- Solicitation number
- 3160008308
- Issued by
- Mississippi
About this file
This is a Material Price Adjustment Worksheet form from the Mississippi Department of Transportation (MDOT) used to document fuel and material price adjustments for state transportation contracts. The form is designated CSD-881 and is completed by site managers to correct fuel adjustment entries when data entry errors occur during contract performance. The worksheet captures project-specific information including project number, county, material type, contract base price, estimated period, and price differential calculations. The example provided references project HISP-0022-00(023) in Jasper County for the period July 1, 2017 through July 28, 2017, involving AC-30 asphalt material with a contract base price of $3.1258 per unit and an adjusted period price of $3.3253 per unit, reflecting a price differential of $0.1995.
The example worksheet details two line items for Hot Mix asphalt: 10,000 tons of 12.5mm material at $0.055 per ton totaling $550, and 15,000 tons of 19mm material at $0.048 per ton totaling $720, with combined total material costs of $1,270. The price adjustment mechanism allows for automatic calculation of material cost adjustments based on fluctuating market prices for fuel and materials during contract performance. This form serves as a manual correction tool only when automated systems have generated entry errors, ensuring accurate payment to contractors under MDOT agreements that include price escalation or de-escalation clauses tied to material cost indices.
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Text version
AT,T TD
MATERIAL PRICE ADJUSTMENT
SHEETAND EXAMPLE
CSD-881 MISSISSIPPI DEPARTMENT OF TRANSPORTATION
Rev' 6-17
Jackson, Mississippi
WORKSHEET FOR MATERIAL PRICE ADJUSTMENT
PROJECT NUMBER
COUNW
MATERIAL
CONTRACT BASE PRICE
ESTIMATED PERIOD
BASE PRICE FOR CURRENT PERIOD
PRICE DIFFERENTIALS
ADJUSTMENTS = TOTAL MATERIAL X PRICE DIFFERENTIALS
ADJUSTMENT FOR FUEL AND OTHER MATERIALS
TOTAL ADJUSTMENT
NOTE: SITE MANAGER PERFORMS ALL REQUIRED FUEL AND MATERIAL
ADJUSTMENTS. THIS FORM IS ONLY USED TO CORRECT THE FUEL
ADJUSTMENT MANUALLY IF DATA ENTRY ERRORS WERE MADE.
TO
ITEM NO ITEM DESCRIPTION QUANTITY UNIT
MATERIAL PER
UNIT
TOTAL MATERIAL
PER ITEM
TOTAL MATERIAL 0
CSD-881 MISSISSIPPI DEPARTMENT OF TRANSPORTATION
Rev' 5-17
Jackson, Mississippi
WORKSHEET FOR MATERIAL PRICE ADJUSTMENT
PROJECT NUMBER HrSP-0022-00(023) 301301-100
COUNTY Jasper
MATERIAL AC-30
CONTRACT BASE PRICE 3.1258
ESTTMATED PERTOD 7lLl20L7 TO 7/2s/20L7
BASE PRICE FOR CURRENT PERIOD
PRICE DIFFERENTIALS
ADJUSTMENTS = TOTAL MATERIAL X PRICE DIFFERENTIALS
ADJUSTMENT FOR FUEL AND OTHER MATERIALS
TOTAL ADJUSTMENT
NOTE: SITE MANAGER PERFORMS ALL REQUIRED FUEL AND MATERIAL
ADJUSTMENTS. THIS FORM IS ONLY USED TO CORRECT THE FUEL
ADJUSTMENT MANUALLY IF DATA ENTRY ERRORS WERE MADE.
3.3253
0.1995 s 2s3.37
5 2s3.37
ITEM NO ITEM DESCRIPTION QUANTITY UNIT
MATERIAL PER
UNIT
TOTAL MATERIAL
PER ITEM
403-B Hot Mix 12.5mm MT 10,000.00 Ton 0.055 5s0
401-C Hot Mix 19mm MT 15,000.00 Ton 0.048 720
TOTAL MATERIAL L270
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