Laserfiche WebLink
1 Adjustment = (Current Reference Cost— (1.05 x Base Cost)) x (Q x 0.056). <br /> ' 2 <br /> 3 If the reference cost is less than or equal to 95% of the base cost, then <br /> 4 Adjustment = (Current Reference Cost— (0.95 x Base Cost)) x (Q x 0.056). <br /> ' 5 <br /> 6 Where Q = total tons of all classes of HMA paid in the current month's progress <br /> 7 payment. <br /> 8 <br /> 9 "Asphalt Cost Price Adjustment", by calculation. <br /> 10 <br /> 11 "Asphalt Cost Price Adjustment" will be calculated and paid for as described in this <br /> 12 section. For the purpose of providing a common proposal for all bidders, the <br /> 13 Contracting Agency has entered an amount in the proposal to become a part of the total <br /> 14 bid by the Contractor. <br /> I 15 <br /> 16 E_NADIVISIEINLRTF <br /> 17 <br /> ' 18 <br /> 19 END DIVISION 5 <br /> 20 <br /> 21 <br /> I <br /> ' 41st STREET TO WMVD FREIGHT <br /> CORRIDOR IMPROVEMENTS <br /> FED AID#STPUL-9931(012); PW#3472 SP-87 February 18,2016 <br />