May 2022 Fuel Adjustment WI State Agency Contract.xlsx
XLSX spreadsheet 25 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 Wisconsin State Agency contracts, establishing a mechanism to adjust pricing based on fluctuating diesel fuel costs. The adjustment system references U.S. Energy Information Administration (EIA) weekly retail gasoline and diesel prices for the Midwest region (PADD 2), with a base fuel index set at $3.104 per gallon as of March 29, 2021.
The fuel adjustment operates on a tiered pricing structure where costs increase by $0.01 per case for every $0.10 increase in diesel fuel prices above $3.17 per gallon, with adjustments applied to invoices in the following month. Conversely, when diesel prices fall below $2.34 per gallon, customers receive a $0.005 per case credit for every $0.10 decrease below that threshold. The document tracks historical price points and corresponding adjustments from June 2021 through May 2022, showing diesel prices ranging from approximately $3.23 to $4.96 per gallon, with per-case fees escalating from $0.01 to $0.18 during peak pricing periods. The adjustment schedule extends pricing tiers up to $5.07 per gallon with a maximum per-case fee of $0.19, ensuring the contract can accommodate significant fuel price volatility.
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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. The cost adjustment will be made at the bottom of each invoice calculating the cases and the monthly fuel cost adjustment rate. |
| 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) | 1/17/22 | $ 3.603 | $ 0.050 | 2/1/22 |
| $ 3.87 | $ 3.9699 | $ 0.08 | $ 1.6399 | $ 1.540 | $ (0.040) | 2/21/22 | $ 3.905 | $ 0.080 | 3/1/22 |
| $ 3.97 | $ 4.0699 | $ 0.09 | $ 1.5399 | $ 1.440 | $ (0.045) | 3/21/22 | $ 4.959 | $ 0.180 | 4/1/22 |
| $ 4.07 | $ 4.1699 | $ 0.10 | $ 1.4399 | $ 1.340 | $ (0.050) | 4/18/22 | $ 4.921 | $ 0.180 | 5/1/22 |
| $ 4.17 | $ 4.2699 | $ 0.11 | $ 1.3399 | $ 1.240 | $ (0.055) | ||||
| $ 4.27 | $ 4.3699 | $ 0.12 | |||||||
| $ 4.37 | $ 4.4699 | $ 0.13 | |||||||
| $ 4.47 | $ 4.5699 | $ 0.14 | |||||||
| $ 4.57 | $ 4.6699 | $ 0.15 | |||||||
| $ 4.67 | $ 4.7699 | $ 0.16 | |||||||
| $ 4.77 | $ 4.8699 | $ 0.17 | |||||||
| $ 4.87 | $ 4.9699 | $ 0.18 | |||||||
| $ 4.97 | $ 5.0699 | $ 0.19 |
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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