December 2022 Fuel Adjustment WI State Agency Contract.xlsx
XLSX spreadsheet 25 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, tracking diesel fuel price fluctuations and corresponding per-case billing adjustments from June 2021 through December 2022. The adjustment mechanism is based on the U.S. Energy Information Administration's weekly retail diesel prices for the Midwest region (PADD 2), using a base fuel index of $3.104 per gallon established on March 29, 2021.
The contract establishes a tiered pricing structure where fuel cost adjustments are applied to invoiced cases based on diesel price movements above or below specified thresholds. When average diesel prices exceed $3.17 per gallon, a $0.01 per case fee is added for each $0.10 increase above the threshold, with fees escalating up to $0.28 per case for prices in the $5.87-$5.97 range. Conversely, when prices fall below $2.34 per gallon, credits of $0.005 per case are applied for each $0.10 decrease, with maximum credits reaching $0.055 per case for the lowest price tier. Historical data shows significant price volatility, with diesel costs ranging from $3.17 per gallon in July 2021 to peaks of $5.78 in June 2022, resulting in corresponding per-case adjustments from $0.01 to $0.27 that are applied to invoices in the month following the price determination.
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WI State Agency
| Wisconsin State Agency Fuel Cost Adjustment |
| Each time the average price* exceeds $3.17 per gallon, a per case cost of $ 0.01 for each $ 0.10 increase in diesel fuel over $3.17 per gallon will be added to invoices billed in the following month, beginning at the first day of the month. This adjustment Base Fuel Index is based on U.S. Energy Information Administration (EIA) Weekly Retail Gasoline and Diesel Prices; Diesel (On-Highway) - All Types Price in the Midwest (PADD 2) 03/29/2021 at $ 3.104/gallon. Alternatively, each time the average price* falls below $2.34 per gallon, a per case reduction of $ 0.005 for each $ 0.10 decrease in diesel fuel below $2.34 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month. The cost adjustment will be made at the bottom of each invoice calculating the cases and the monthly fuel cost adjustment rate. |
| Add Per Case | Credit Per Case | ||||||||
| Fuel Cost Range | Per case Fee | Fuel Cost Range | Per case credit | Date | Average Price | Per case Fee | Effective | ||
| 6/21/21 | $ 3.231 | $ 0.010 | 7/1/21 | ||||||
| $ 3.17 | $ 3.2699 | $ 0.01 | $ 2.3399 | $ 2.240 | $ (0.005) | 7/19/21 | $ 3.264 | $ 0.010 | 8/1/21 |
| $ 3.27 | $ 3.3699 | $ 0.02 | $ 2.2399 | $ 2.140 | $ (0.010) | 8/16/21 | $ 3.259 | $ 0.010 | 9/1/21 |
| $ 3.37 | $ 3.4699 | $ 0.03 | $ 2.1399 | $ 2.040 | $ (0.015) | 9/20/21 | $ 3.290 | $ 0.020 | 10/1/21 |
| $ 3.47 | $ 3.5699 | $ 0.04 | $ 2.0399 | $ 1.940 | $ (0.020) | 10/18/21 | $ 3.615 | $ 0.050 | 11/1/21 |
| $ 3.57 | $ 3.6699 | $ 0.05 | $ 1.9399 | $ 1.840 | $ (0.025) | 11/15/21 | $ 3.631 | $ 0.050 | 12/1/21 |
| $ 3.67 | $ 3.7699 | $ 0.06 | $ 1.8399 | $ 1.740 | $ (0.030) | 12/20/21 | $ 3.492 | $ 0.040 | 1/1/21 |
| $ 3.77 | $ 3.8699 | $ 0.07 | $ 1.7399 | $ 1.640 | $ (0.035) | 1/17/22 | $ 3.603 | $ 0.050 | 2/1/22 |
| $ 3.87 | $ 3.9699 | $ 0.08 | $ 1.6399 | $ 1.540 | $ (0.040) | 2/21/22 | $ 3.905 | $ 0.080 | 3/1/22 |
| $ 3.97 | $ 4.0699 | $ 0.09 | $ 1.5399 | $ 1.440 | $ (0.045) | 3/21/22 | $ 4.959 | $ 0.180 | 4/1/22 |
| $ 4.07 | $ 4.1699 | $ 0.10 | $ 1.4399 | $ 1.340 | $ (0.050) | 4/18/22 | $ 4.921 | $ 0.180 | 5/1/22 |
| $ 4.17 | $ 4.2699 | $ 0.11 | $ 1.3399 | $ 1.240 | $ (0.055) | 5/16/22 | $ 5.346 | $ 0.220 | 6/1/22 |
| $ 4.27 | $ 4.3699 | $ 0.12 | 6/20/22 | $ 5.780 | $ 0.270 | 7/1/22 | |||
| $ 4.37 | $ 4.4699 | $ 0.13 | 7/18/22 | $ 5.409 | $ 0.230 | 8/1/22 | |||
| $ 4.47 | $ 4.5699 | $ 0.14 | 8/15/22 | $ 4.872 | $ 0.180 | 9/1/22 | |||
| $ 4.57 | $ 4.6699 | $ 0.15 | 9/19/22 | $ 4.995 | $ 0.190 | 10/1/22 | |||
| $ 4.67 | $ 4.7699 | $ 0.16 | 10/17/22 | $ 5.346 | $ 0.220 | 11/1/22 | |||
| $ 4.77 | $ 4.8699 | $ 0.17 | 11/21/22 | $ 5.231 | $ 0.210 | 12/1/22 | |||
| $ 4.87 | $ 4.9699 | $ 0.18 | |||||||
| $ 4.97 | $ 5.0699 | $ 0.19 | |||||||
| $ 5.07 | $ 5.1699 | $ 0.20 | |||||||
| $ 5.17 | $ 5.2699 | $ 0.21 | |||||||
| $ 5.27 | $ 5.3699 | $ 0.22 | |||||||
| $ 5.37 | $ 5.4699 | $ 0.23 | |||||||
| $ 5.47 | $ 5.5699 | $ 0.24 | |||||||
| $ 5.57 | $ 5.6699 | $ 0.25 | |||||||
| $ 5.67 | $ 5.7699 | $ 0.26 | |||||||
| $ 5.77 | $ 5.8699 | $ 0.27 | |||||||
| $ 5.87 | $ 5.9699 | $ 0.28 |
Each time the average price* exceeds $3.17 per gallon, a per case cost of $ 0.01 for each $ 0.10 increase in diesel fuel over $3.17 per gallon will be added to invoices billed in the following month, beginning at the first day of the month. This adjustment Base Fuel Index is based on U.S. Energy Information Administration (EIA) Weekly Retail Gasoline and Diesel Prices; Diesel (On-Highway) - All Types Price in the Midwest (PADD 2) 03/29/2021 at $ 3.104/gallon. Alternatively, each time the average price* falls below $2.34 per gallon, a per case reduction of $ 0.005 for each $ 0.10 decrease in diesel fuel below $2.34 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month
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