October 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 dated October 2019. The document outlines the fuel surcharge mechanism applicable to deliveries under an existing state contract, with adjustments tracked from January 2018 through October 2019 based on diesel fuel price fluctuations.

The contract includes a tiered fuel adjustment system where surcharges are applied when average diesel prices exceed $3.50 per gallon, with a $0.01 per case fee for each $0.10 increment above the threshold. Conversely, credits are provided when prices fall below $3.00 per gallon, offering a $0.005 per case reduction for each $0.10 decrement below that threshold. The historical data shows fuel adjustments ranging from credits of $0.050 per case during periods of low fuel costs to surcharges of $0.08 per case during peak pricing periods. Adjustments are implemented monthly following the measurement period, and the use of fuel surcharges requires mutual agreement between the contracting parties. The most recent entries show primarily credit adjustments through 2019, with prices generally remaining below the surcharge threshold of $3.50 per gallon.

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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 $3.00 per gallon will be deducted from invoices billed in the following month, beginning at the first day of the month.
Add Per CaseCredit Per Case
Fuel Cost RangePer case FeeFuel Cost RangePer case creditDateAverage PricePer case FeeEffective
1/15/18$ 2.981$ (0.005)2/1/18
$ 3.50$ 3.599$ 0.01$ 2.90$ 2.999$ (0.005)2/19/18$ 2.970$ (0.005)3/1/18
$ 3.600$ 3.699$ 0.02$ 2.800$ 2.899$ (0.010)3/19/18$ 2.898$ (0.010)4/1/18
$ 3.700$ 3.799$ 0.03$ 2.700$ 2.799$ (0.015)4/16/18$ 3.016$ - 05/1/18
$ 3.800$ 3.899$ 0.04$ 2.600$ 2.699$ (0.020)5/21/18$ 3.218$ - 06/1/18
$ 3.900$ 3.999$ 0.05$ 2.500$ 2.599$ (0.025)6/18/18$ 3.173$ - 07/1/18
$ 4.000$ 4.099$ 0.06$ 2.400$ 2.499$ (0.030)7/16/18$ 3.171$ - 08/1/18
$ 4.100$ 4.199$ 0.07$ 2.300$ 2.399$ (0.035)8/20/18$ 3.129$ - 09/1/18
$ 4.200$ 4.299$ 0.08$ 2.200$ 2.299$ (0.040)9/20/18$ 3.208$ - 010/1/18
$ 2.100$ 2.199$ (0.045)10/15/18$ 3.351$ - 011/1/18
$ 2.000$ 2.099$ (0.050)11/19/18$ 3.216$ - 012/1/18
$ 1.900$ 1.999$ (0.055)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
5/20/19$ 3.049$ - 06/1/19
6/17/19$ 2.957$ (0.005)7/1/19
7/15/19$ 2.956$ (0.005)8/1/19
8/19/19$ 2.900$ (0.005)9/1/19
9/16/19$ 2.882$ (0.010)10/1/19
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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