February 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 February 2020. The document outlines the fuel surcharge mechanism that applies to deliveries under an existing state contract, though the specific contracting agency and vendor are not identified in the provided excerpt.

The contract establishes a fuel adjustment formula based on diesel fuel price fluctuations, with surcharges applied when average diesel prices exceed $3.50 per gallon and credits provided when prices fall below $3.00 per gallon. The adjustment is calculated at $0.01 per case for each $0.10 increase above $3.50, and $0.005 credit per case for each $0.10 decrease below $3.00. Historical pricing data from May 2018 through January 2020 shows diesel prices ranging from $2.807 to $3.599 per gallon, with corresponding per-case adjustments ranging from credits of $0.010 to fees of $0.01. The adjustments are implemented monthly based on the previous period's average fuel prices, indicating this is likely a goods delivery contract where transportation costs significantly impact overall pricing.

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Text version

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 $3.00 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month.
Add Per CaseCredit Per Case
Fuel Cost RangePer case FeeFuel Cost RangePer case creditDateAverage PricePer case FeeEffective
5/21/18$ 3.218$ - 06/1/18
$ 3.50$ 3.599$ 0.01$ 2.90$ 2.999$ (0.005)6/18/18$ 3.173$ - 07/1/18
$ 3.600$ 3.699$ 0.02$ 2.800$ 2.899$ (0.010)7/16/18$ 3.171$ - 08/1/18
$ 3.700$ 3.799$ 0.03$ 2.700$ 2.799$ (0.015)8/20/18$ 3.129$ - 09/1/18
$ 3.800$ 3.899$ 0.04$ 2.600$ 2.699$ (0.020)9/20/18$ 3.208$ - 010/1/18
$ 3.900$ 3.999$ 0.05$ 2.500$ 2.599$ (0.025)10/15/18$ 3.351$ - 011/1/18
$ 4.000$ 4.099$ 0.06$ 2.400$ 2.499$ (0.030)11/19/18$ 3.216$ - 012/1/18
$ 4.100$ 4.199$ 0.07$ 2.300$ 2.399$ (0.035)12/17/18$ 3.018$ - 01/1/19
$ 4.200$ 4.299$ 0.08$ 2.200$ 2.299$ (0.040)1/21/19$ 2.807$ (0.010)2/1/19
$ 2.100$ 2.199$ (0.045)2/18/19$ 2.904$ (0.005)3/1/19
$ 2.000$ 2.099$ (0.050)3/18/19$ 2.992$ (0.005)4/1/19
$ 1.900$ 1.999$ (0.055)4/15/19$ 3.010$ - 05/1/19
5/20/19$ 3.049$ - 06/1/19
6/17/19$ 2.957$ (0.005)7/1/19
7/15/19$ 2.956$ (0.005)8/1/19
8/19/19$ 2.900$ (0.005)9/1/19
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
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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