June 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 June 2020. The document outlines the fuel surcharge mechanism that applies to an existing contract between Wisconsin state agencies and an unspecified vendor for deliveries that are subject to fuel cost fluctuations.

The contract establishes a tiered fuel adjustment system based on diesel fuel price movements, with adjustments applied on a per-case basis for deliveries. When average diesel prices exceed $3.50 per gallon, vendors may add $0.01 per case for each $0.10 increase above that threshold, with the surcharge taking effect the first day of the following month. Conversely, when prices fall below $3.00 per gallon, vendors must provide credits of $0.005 per case for each $0.10 decrease below that level. The document tracks fuel price adjustments from October 2018 through June 2020, showing average diesel prices ranging from a high of $3.351 per gallon in October 2018 to a low of $2.229 per gallon in May 2020, with corresponding per-case fees and credits applied throughout this period. The fuel adjustment mechanism requires mutual agreement between the contracting parties for implementation.

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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
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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