May 2019 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, effective May 2019. The adjustment mechanism applies to deliveries under an existing state contract, with fuel surcharges determined through mutual agreement between the state agency and the contracting vendor.

The contract establishes a tiered fuel adjustment system based on diesel fuel price fluctuations. When average diesel prices exceed $3.50 per gallon, vendors may add $0.01 per case for each $0.10 increase above the threshold, applied to invoices the following month. Conversely, when prices fall below $3.00 per gallon, a credit of $0.005 per case is applied for each $0.10 decrease below the threshold. The schedule tracks historical fuel prices and corresponding adjustments from July 2017 through May 2019, showing actual average prices ranging from $2.438 to $3.351 per gallon, with most periods resulting in credits rather than surcharges due to fuel prices remaining below the $3.50 threshold for 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 $3.00 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month.
Add Per CaseCredit Per Case
Fuel Cost RangePer case FeeFuel Cost RangePer case creditDateAverage PricePer case FeeEffective
7/17/17$ 2.438$ (0.030)8/1/17
$ 3.50$ 3.599$ 0.01$ 2.90$ 2.999$ (0.005)8/21/17$ 2.567$ (0.250)9/1/17
$ 3.600$ 3.699$ 0.02$ 2.800$ 2.899$ (0.010)9/18/17$ 2.743$ (0.015)10/1/17
$ 3.700$ 3.799$ 0.03$ 2.700$ 2.799$ (0.015)10/16/17$ 2.757$ (0.015)11/1/17
$ 3.800$ 3.899$ 0.04$ 2.600$ 2.699$ (0.020)11/20/17$ 2.873$ (0.010)12/1/17
$ 3.900$ 3.999$ 0.05$ 2.500$ 2.599$ (0.025)12/18/17$ 2.853$ (0.010)1/1/18
$ 4.000$ 4.099$ 0.06$ 2.400$ 2.499$ (0.030)1/15/18$ 2.981$ (0.005)2/1/18
$ 4.100$ 4.199$ 0.07$ 2.300$ 2.399$ (0.035)2/19/18$ 2.970$ (0.005)3/1/18
$ 4.200$ 4.299$ 0.08$ 2.200$ 2.299$ (0.040)3/19/18$ 2.898$ (0.010)4/1/18
$ 2.100$ 2.199$ (0.045)4/16/18$ 3.016$ - 05/1/18
$ 2.000$ 2.099$ (0.050)5/21/18$ 3.218$ - 06/1/18
$ 1.900$ 1.999$ (0.055)6/18/18$ 3.173$ - 07/1/18
7/16/18$ 3.171$ - 08/1/18
8/20/18$ 3.129$ - 09/1/18
9/20/18$ 3.208$ - 010/1/18
10/15/18$ 3.351$ - 011/1/18
11/19/18$ 3.216$ - 012/1/18
12/17/18$ 3.018$ - 01/1/19
1/21/19$ 2.807$ (0.010)2/1/19
2/18/19$ 2.904$ (0.005)3/1/19
3/18/19$ 2.992$ (0.005)4/1/19
4/15/19$ 3.010$ - 05/1/19
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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