January 2022 Fuel Adjustment WI State Agency Contract.xlsx
XLSX spreadsheet 24 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 mechanism for a Wisconsin State Agency contract, effective January 2022. The adjustment applies to Wisconsin state agencies and is based on the U.S. Energy Information Administration's Weekly Retail Gasoline and Diesel Prices for On-Highway Diesel fuel in the Midwest (PADD 2) region.
The fuel adjustment system operates on a per-case pricing structure tied to diesel fuel price fluctuations around a base index of $3.104 per gallon established on March 29, 2021. When average diesel prices exceed $3.17 per gallon, a $0.01 per case fee is added for each $0.10 increase above that threshold, with adjustments applied to invoices the following month. Conversely, when prices fall below $2.34 per gallon, a $0.005 per case credit is provided for each $0.10 decrease below that level. The document includes historical pricing data from June through December 2021, showing fuel prices ranging from $3.231 to $3.631 per gallon, resulting in per-case fees between $0.01 and $0.05. The adjustment structure includes detailed fee and credit schedules that scale incrementally with fuel price changes, ensuring contract pricing reflects current market conditions for fuel-dependent services.
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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 |
| 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) | ||||
| $ 3.87 | $ 3.9699 | $ 0.08 | $ 1.6399 | $ 1.540 | $ (0.040) | ||||
| $ 1.5399 | $ 1.440 | $ (0.045) | |||||||
| $ 1.4399 | $ 1.340 | $ (0.050) | |||||||
| $ 1.3399 | $ 1.240 | $ (0.055) |
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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