February 2021 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 2021. The adjustment mechanism applies to deliveries under an existing contract between Wisconsin state agencies and an unspecified contract vendor who has the option to implement fuel surcharges based on diesel fuel price fluctuations.

The contract establishes a fuel adjustment system where surcharges are added when average diesel prices exceed $3.50 per gallon, with a $0.01 per case fee for each $0.10 increase above this threshold. Conversely, credits are applied when prices fall below $3.00 per gallon, providing a $0.005 per case reduction for each $0.10 decrease below this floor. The document tracks historical fuel prices and corresponding adjustments from October 2018 through January 2021, showing that prices remained primarily in the credit range, with per case credits ranging from $0.005 to $0.050 depending on how far below $3.00 the diesel prices fell. The adjustment schedule demonstrates that fuel costs were consistently below the $3.50 surcharge threshold throughout the tracked period, resulting in net credits to the contract rather than additional charges.

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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
8/17/20$ 2.308$ (0.035)9/1/20
9/21/20$ 2.282$ (0.040)10/1/20
10/19/20$ 2.269$ (0.040)11/1/20
11/16/20$ 2.339$ (0.035)12/1/20
12/21/20$ 2.559$ (0.025)1/1/21
1/18/21$ 2.632$ (0.020)2/1/21
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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