May 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, effective May 2020. The contract involves Wisconsin state agencies as the contracting entities, with contracted vendors responsible for deliveries subject to fuel surcharge provisions.
The contract establishes a fuel adjustment mechanism tied to diesel fuel price fluctuations, with adjustments applied on a per-case basis for delivered goods. When average diesel prices exceed $3.50 per gallon, vendors may add $0.01 per case for each $0.10 increase above the threshold, with fees ranging from $0.01 to $0.08 per case as fuel costs rise. Conversely, when prices fall below $3.00 per gallon, vendors must provide credits of $0.005 per case for each $0.10 decrease below the threshold, with credits ranging from $0.005 to $0.055 per case. The document tracks historical fuel prices and corresponding adjustments from October 2018 through May 2020, showing significant price volatility including a sharp decline to $2.326 per gallon in April 2020, resulting in a $0.035 per case credit. All adjustments are implemented monthly based on mutual agreement between the contracting parties.
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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 Case | Credit Per Case | ||||||||
| Fuel Cost Range | Per case Fee | Fuel Cost Range | Per case credit | Date | Average Price | Per case Fee | Effective | ||
| 10/15/18 | $ 3.351 | $ - 0 | 11/1/18 | ||||||
| $ 3.50 | $ 3.599 | $ 0.01 | $ 2.900 | $ 2.999 | $ (0.005) | 11/19/18 | $ 3.216 | $ - 0 | 12/1/18 |
| $ 3.600 | $ 3.699 | $ 0.02 | $ 2.800 | $ 2.899 | $ (0.010) | 12/17/18 | $ 3.018 | $ - 0 | 1/1/19 |
| $ 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 | $ - 0 | 5/1/19 |
| $ 4.100 | $ 4.199 | $ 0.07 | $ 2.300 | $ 2.399 | $ (0.035) | 5/20/19 | $ 3.049 | $ - 0 | 6/1/19 |
| $ 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 |
| 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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