August 2021 Fuel Adjustment WI State Agency Contract.xlsx

This document is a fuel cost adjustment pricing schedule for a Wisconsin State Agency contract, effective August 2021. The contract involves Wisconsin state agencies and establishes a fuel surcharge mechanism tied to diesel fuel price fluctuations in the Midwest region as reported by the U.S. Energy Information Administration.

The contract implements a dynamic pricing adjustment system based on diesel fuel costs, with a base fuel index established at $3.104 per gallon as of March 29, 2021. When average diesel prices exceed $3.17 per gallon, a surcharge of $0.01 per case is added for each $0.10 increase above the threshold, applied to invoices the following month. Conversely, when prices fall below $2.34 per gallon, a credit of $0.005 per case is provided for each $0.10 decrease below that threshold. The adjustment schedule shows escalating fees ranging from $0.01 to $0.08 per case for fuel costs between $3.17 and $3.97+ per gallon, and credits ranging from $0.005 to $0.055 per case for fuel costs decreasing from $2.34 to $1.24 per gallon. Recent pricing data shows fuel costs at $3.231 per gallon effective June 21, 2021, and $3.264 per gallon effective July 19, 2021, both triggering the $0.01 per case surcharge.