August 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 August 2020. The document pertains to Wisconsin state agencies and their contracted vendor for delivery services, establishing a mutual agreement mechanism for fuel surcharge adjustments based on fluctuating diesel fuel prices.

The contract implements a tiered fuel adjustment system where increases of $0.01 per case are applied for each $0.10 increase in diesel fuel above $3.50 per gallon, while reductions of $0.005 per case apply for each $0.10 decrease below $3.00 per gallon. The historical data shows fuel price tracking from October 2018 through August 2020, with corresponding per-case fees or credits ranging from $0.08 maximum surcharge to $0.050 maximum credit. The adjustments are applied to invoices in the month following the fuel price determination, with implementation beginning on the first day of each month. During the tracked period, fuel prices ranged from a high of approximately $3.60 per gallon to a low of $2.23 per gallon, with most recent adjustments showing credits due to lower fuel costs.

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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
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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