Alaska Asphalt Material Price Index

This index is to be used for asphalt material compensation adjustments when the price adjustment provision is included in the contract.

The Alaska Asphalt Material Price Index is calculated on the first and third Friday of each month, and will remain in effect from the day of calculation until the next bi-monthly calculation.

The index according to this formula:

2/3/17 and later: Index = (TES + USOIL + PS)/3
where	TES = Tesoro, Nikiski, AK USOIL = US OIL, Washington PS = PetroStar, North Pole, AK

3/21/14 to 2/2/17 (and Historic Index*) Index = (TES + USOIL)/2
where	TES = Tesoro, Nikiski, AK USOIL = US OIL, Washington *Historic Index is applicable for Index at Bid (IB) price on some projects. See discussion below.

5/15/09 to 3/20/14 Index = (FH + TES + USOIL)/3
where	FH = Flint Hills, North Pole TES = Tesoro, Nikiski, AK USOIL = US OIL, Washington

Prior to 5/14/09 Index = [(FH1 + FH2)/2 + TES + USOIL)]/3
where	FH1 = Flint Hill, Anchorage Terminal FH2 = Flint Hills, North Pole TES = Tesoro, Nikiski, AK USOIL = US OIL, Washington

Historic Index

Use the Historic Index for IB on projects that meet all of the conditions in either A or B.

A:	Project bid prior to 3/21/2014, and, Invoice demonstrates asphalt material was purchased on or after 3/21/2014.
B:	Project bid prior to 3/21/2014, Asphalt material was not purchased prior to 3/21/2014, and, Asphalt material is incorporated into the project on or after 3/21/2014.

For projects that bid prior to 3/21/2014 but have asphalt material not yet incorporated, use the Index for IB for asphalt purchased or incorporated prior to 3/21/2014 and the Historic Index for IB for that portion meeting the conditions of either A or B.

Use the Index for IB on all other projects.

Date	Index	Historic Index
03/20/20-04/02/20	$495.00	N/A
03/06/20-03/19/20	$495.00	N/A
02/21/20-03/05/20	$495.00	N/A
02/07/20-02/20/20	$495.00	N/A
01/17/20-02/06/20	$495.00	N/A
01/03/20-01/16/20	$495.00	N/A
12/20/19-01/02/20	$495.00	N/A
12/06/19-12/19/19	$495.00	N/A
11/15/19-12/05/19	$511.67	N/A
11/01/19-11/14/19	$520.00	N/A
10/18/19-10/31/19	$520.00	N/A
10/04/19-10/17/19	$520.00	N/A
09/20/19-10/03/19	$536.67	N/A
09/06/19-09/19/19	$536.67	N/A
08/16/19-09/05/19	$536.67	N/A
08/02/19-08/15/19	$536.67	N/A
07/19/19-08/01/19	$536.67	N/A
07/05/19-07/18/19	$533.33	N/A
06/21/19-07/04/19	$530.00	N/A
06/07/19-06/20/19	$521.67	N/A
05/17/19-06/06/19	$521.67	N/A
05/03/19-05/16/19	$513.33	N/A
04/19/19-05/02/19	$513.33	N/A
04/05/19-04/18/19	$513.33	N/A
03/15/19-04/04/19	$513.33	N/A
03/01/19-03/14/19	$513.33	N/A
02/15/19-02/28/19	$513.33	N/A
02/01/19-02/14/19	$513.33	N/A
01/18/19-01/31/19	$513.33	N/A
01/04/19-01/17/19	$513.33	N/A
12/21/18-01/03/19	$513.33	N/A
12/07/18-12/20/18	$513.33	N/A
11/16/18-12/06/18	$521.67	N/A
11/02/18-11/15/18	$530.00	N/A
10/19/18-11/01/18	$538.33	N/A
10/05/18-10/18/18	$538.33	N/A
09/21/18-10/04/18	$538.33	N/A
09/07/18-09/20/18	$538.33	N/A
08/17/18-09/06/18	$505.00	N/A
08/03/18-08/16/18	$496.67	N/A
07/20/18-08/02/18	$496.67	N/A
07/06/18-07/19/18	$496.67	N/A
06/15/18-07/05/18	$471.67	N/A
06/01/18-06/14/18	$455.00	N/A
05/18/18-06/31/18	$455.00	N/A
05/04/18-05/17/18	$445.00	N/A
04/20/18-05/03/18	$445.00	N/A
04/06/18-04/19/18	$431.67	N/A
03/16/18-04/05/18	$391.67	N/A
03/02/18-03/15/18	$391.67	N/A
02/16/18-03/01/18	$391.67	N/A
02/02/18-02/15/18	$391.67	N/A
01/19/18-02/01/18	$383.33	N/A
01/05/18-01/18/18	$383.33	N/A
12/15/17-01/04/17	$383.33	N/A
12/01/17-12/14/17	$383.33	N/A
11/17/17-11/30/17	$383.33	N/A
11/03/17-11/16/17	$383.33	N/A
10/20/17-11/02/17	$383.33	N/A
10/06/17-10/19/17	$391.67	N/A
09/15/17-10/05/17	$391.67	N/A
09/01/17-09/14/17	$391.67	N/A
08/18/17-08/31/17	$391.67	N/A
08/04/17-08/17/17	$391.67	N/A
07/21/17-08/03/17	$391.67	N/A
07/07/17-07/20/17	$391.67	N/A
06/16/17-07/06/17	$391.67	N/A
06/02/17-06/15/17	$383.33	N/A
05/19/17-06/01/17	$388.33	N/A
05/05/17-05/18/17	$388.33	N/A
04/21/17-05/04/17	$388.33	N/A
04/07/17-04/20/17	$388.33	N/A
03/17/17-04/06/17	$380.00	N/A
03/03/17-03/16/17	$380.00	N/A
02/17/17-03/02/17	$380.00	N/A
02/03/17-02/16/17	$380.00	N/A
01/20/17-02/02/17	$347.50	N/A
01/06/17-01/19/17	$347.50	N/A
12/16/16-01/05/17	$347.50	N/A
12/02/16-12/15/16	$360.00	N/A
11/18/16-12/01/16	$360.00	N/A
11/04/16-11/17/16	$372.50	N/A
10/21/16-11/03/16	$372.50	N/A
10/07/16-10/20/16	$372.50	N/A
09/16/16-10/06/16	$372.50	N/A
09/02/16-09/15/16	$372.50	N/A
08/19/16-09/01/16	$372.50	N/A
08/05/16-08/18/16	$372.50	N/A
07/15/16-08/04/16	$372.50	N/A
07/01/16-07/14/16	$372.50	N/A
06/17/16-06/30/16	$372.50	N/A
06/03/16-06/16/16	$372.50	N/A
05/20/16-06/02/16	$372.50	N/A
05/06/16-05/19/16	$392.50	N/A
04/15/16-05/05/16	$405.00	N/A
04/01/16-04/14/16	$417.50	N/A
03/18/16-03/31/16	$417.50	N/A
03/04/16-03/17/16	$430.00	N/A
02/19/16-03/03/16	$430.00	N/A
02/05/16-02/18/16	$430.00	N/A
01/15/16-02/04/16	$442.50	N/A
12/18/15-12/31/15	$455.00	N/A
12/04/15-12/17/15	$455.00	N/A
11/20/15-12/03/15	$492.50	N/A
11/06/15-11/19/15	$492.50	N/A
10/16/15-11/05/15	$492.50	N/A
10/02/15-10/15/15	$492.50	N/A
09/18/15-10/01/15	$492.50	N/A
09/04/15-09/17/15	$492.50	N/A
08/21/15-09/03/15	$487.50	N/A
08/07/15-08/20/15	$487.50	N/A
07/17/15-08/06/15	$487.50	N/A
07/03/15-07/16/15	$487.50	N/A
06/19/15-07/02/15	$512.50	N/A
06/05/15-06/18/15	$512.50	N/A
05/15/15-06/04/15	$512.50	N/A
05/01/15-05/14/15	$512.50	N/A
04/17/15-04/30/15	$525.00	N/A
04/03/15-04/16/15	$525.00	N/A
03/20/15-04/02/15	$525.00	N/A
03/06/15-03/19/15	$525.00	N/A
02/20/15-03/05/15	$550.00	N/A
02/06/15-02/19/15	$550.00	N/A
01/16/15-02/05/15	$550.00	N/A
01/02/15-01/15/15	$587.50	N/A
12/19/14-01/01/15	$600.00	N/A
12/05/14-12/18/14	$600.00	N/A
11/21/14-12/04/14	$600.00	N/A
11/07/14-11/20/14	$600.00	N/A
10/17/14-11/06/14	$600.00	N/A
10/03/14-10/16/14	$600.00	N/A
09/19/14-10/02/14	$600.00	N/A
09/05/14-09/18/14	$600.00	N/A
08/15/14-09/04/14	$600.00	N/A
08/01/14-08/14/14	$600.00	N/A
07/18/14-07/31/14	$600.00	N/A
07/04/14-07/17/14	$600.00	N/A
06/20/14-07/03/14	$600.00	N/A
06/06/14-06/19/14	$587.00	N/A
05/16/14-06/05/14	$587.00	N/A
05/02/14-05/15/14	$574.50	N/A
04/18/14-05/01/14	$562.00	N/A
04/04/14-04/17/14	$562.00	N/A
03/21/14-04/03/14	$562.00	N/A
03/07/14-03/20/14	$611.33	$562.00
02/21/14-03/06/14	$611.33	$562.00
02/07/14-02/20/14	$614.67	$567.00
01/17/14-02/06/14	$614.67	$567.00
01/03/14-01/16/14	$614.67	$567.00
12/20/13-01/02/14	$614.67	$567.00
12/06/13-12/19/13	$614.67	$567.00
11/15/13-12/05/13	$619.67	$574.50
11/01/13-11/14/13	$619.67	$574.50
10/18/13-10/31/13	$619.67	$574.50
10/04/13-10/17/13	$619.67	$574.50
09/20/13-10/03/13	$619.67	$574.50
09/06/13-09/19/13	$619.67	$574.50
08/16/13-09/05/13	$619.67	$574.50
08/02/13-08/15/13	$619.67	$574.50
07/19/13-08/01/13	$619.67	$574.50
07/05/13-07/18/13	$613.00	$574.50
06/21/13-07/04/13	$613.00	$574.50
06/07/13-06/20/13	$613.00	$574.50
05/17/13-06/06/13	$613.00	$574.50
05/03/13-05/16/13	$613.00	$574.50
04/19/13-05/02/13	$621.33	$587.00
04/05/13-04/18/13	$621.33	$587.00
03/15/13-04/04/13	$621.33	$587.00
03/01/13-03/14/13	$621.33	$587.00
02/15/13-02/28/13	$621.33	$587.00
02/01/13-02/14/13	$621.33	$587.00
01/18/13-01/31/13	$629.67	$599.50
01/04/13-01/17/13	$629.67	$599.50
12/21/12-01/03/13	$629.67	$599.50
12/07/12-12/20/12	$629.67	$599.50
11/16/12-12/06/12	$629.67	$599.50
11/02/12-11/15/12	$629.67	$599.50
10/19/12-11/01/12	$629.67	$599.50
10/05/12-10/18/12	$629.67	$599.50
09/21/12-10/04/12	$629.67	$599.50
09/07/12-09/20/12	$638.00	$612.00
08/17/12-09/06/12	$638.00	$612.00
08/03/12-08/16/12	$646.33	$624.50
07/20/12-08/02/12	$646.33	$624.50
07/06/12-07/19/12	$646.33	$624.50
06/15/12-07/05/12	$660.00	$645.00
06/01/12-06/14/12	$666.67	$645.00
05/18/12-05/31/12	$665.00	$632.50
05/04/12-05/17/12	$665.00	$632.50
04/20/12-05/03/12	$665.00	$632.50
04/06/12-04/19/12	$665.00	$632.50
03/16/12-04/05/12	$651.67	$612.50
03/02/12-03/15/12	$651.67	$612.50
02/17/12-03/01/12	$643.33	$600.00
02/03/12-02/16/12	$643.33	$600.00
01/20/12-02/02/12	$635.00	$587.50
01/06/12-01/19/12	$635.00	$587.50
12/16/11-01/05/12	$626.67	$575.00
12/02/11-12/15/11	$610.00	$550.00
11/18/11-12/01/11	$610.00	$550.00
11/04/11-11/17/11	$610.00	$550.00
10/21/11-11/03/11	$618.33	$562.50
10/07/11-10/20/11	$618.33	$562.50
09/16/11-10/06/11	$618.33	$562.50
09/02/11-09/15/11	$618.33	$562.50
08/19/11-09/01/11	$608.33	$562.50
08/05/11-08/18/11	$618.33	$562.50
07/15/11-08/04/11	$610.00	$550.00
07/01/11-07/14/11	$610.00	$550.00
06/17/11-06/30/11	$610.00	$550.00
06/03/11-06/16/11	$610.00
05/20/11-06/02/11	$546.67
05/06/11-05/19/11	$546.67
04/15/11-05/05/11	$538.33
04/01/11-04/14/11	$530.00
03/18/11-03/31/11	$530.00
03/04/11-03/17/11	$505.00
02/18/11-03/03/11	$505.00
02/04/11 - 02/17/11	$505.00
01/21/11 - 02/03/11	$488.33
01/07/11 - 01/20/11	$488.33
12/17/10 - 01/06/11	$488.33
12/03/10 - 12/16/10	$488.33
11/19/10 - 12/02/10	$488.33
11/05/10 - 11/18/10	$488.33
10/15/10 - 11/04/10	$488.33
10/01/10 - 10/14/10	$488.33
09/17/10 - 09/30/10	$488.33
09/03/10 - 09/16/10	$488.33
08/20/10 - 09/02/10	$505.00
08/06/10 - 08/19/10	$505.00
07/16/10 - 08/05/10	$505.00
07/02/10 - 07/15/10	$505.00
06/18/10 - 07/01/10	$505.00
06/04/10 - 06/17/10	$505.00
05/21/10 - 06/03/10	$505.00
05/07/10 - 05/20/10	$498.33
04/16/10 - 05/06/10	$498.33
04/02/10 - 04/15/10	$498.33
03/19/10 - 04/01/10	$498.33
03/05/10 - 03/18/10	$498.33
02/19/10 - 03/04/10	$498.33
02/05/10 - 02/18/10	$481.67
01/15/10 - 02/04/10	$481.67
01/01/10 - 01/14/10	$481.67
12/18/09 - 12/31/09	$481.67
12/04/09 - 12/17/09	$481.67
11/20/09 - 12/03/09	$481.67
11/06/09 - 11/19/09	$481.67
10/16/09 - 11/05/09	$481.67
10/02/09 - 10/15/09	$481.67
09/18/09 - 10/01/09	$481.67
09/04/09 - 09/17/09	$481.67
08/21/09 - 09/03/09	$481.67
08/07/09 - 08/20/09	$481.67
07/17/09 - 08/06/09	$471.67
07/03/09 - 07/16/09	$481.67
06/19/09 - 07/02/09	$481.67
06/05/09 - 06/18/09	$471.67
05/15/09 - 06/04/09	$478.33
05/01/09 - 05/14/09	$470.00
04/17/09 - 04/30/09	$470.00
04/03/09 - 04/16/09	$470.00
03/20/09 - 04/02/09	$505.00
03/06/09 - 03/19/09	$505.00
02/20/09 - 03/05/09	$521.67
02/06/09 - 02/19/09	$521.67
01/02/09 - 02/05/09	$521.67
12/19/08 - 01/01/09	$626.67
12/05/08 - 12/18/08	$626.67
11/21/08 - 12/04/08	$626.67
11/07/08 - 11/20/08	$626.67
10/17/08 - 11/06/08	$643.33
10/03/08 - 10/16/08	$676.67
09/19/08 - 10/02/08	$668.33
09/05/08 - 09/18/08	$705.00
08/15/08 - 09/04/08	$710..00
08/01/08 - 08/13/08	$698.33
07/18/08 - 07/31/08	$693.33
07/04/08 - 07/17/08	$661.67
06/20/08 - 07/03/08	$638.33
06/06/08 - 06/19/08	$615.00
05/16/08 - 06/05/08	$578.33
05/02/08 - 05/15/08	$561.67
04/18/08 - 05/01/08	$521.67
04/04/08 - 04/17/08	$516.67
03/22/08-04/03/08	$500.00
02/15/08-03/21/08	$380.00
02/01/08-02/14/08	$380.33
01/18/08-01/31/08	$373.33
01/04/08-01/17/08	$373.33
12/21/07-01/03/08	$373.33
12/07/07-12/20/07	$373.33
11/16/07-12/06/07	$373.33
11/02/07-11/15/07	$373.33
10/19/07-11/01/07	$380.00
10/05/07-10/18/07	$380.00
09/21/07-10/04/07	$380.00
09/07/07-09/20/07	$380.00
08/17/07-09/06/07	$380.00
08/03/07-08/16/07	$380.00
07/20/07-08/02/07	$380.00
07/06/07-07/19/07	$376.67
06/15/07-07/05/07	$376.67
06/01/07-06/14/07	$376.67
05/18/07-05/31/07	$376.67
05/04/07-05/17/07	$378.33
04/20/07-05/03/07
04/06/07-04/19/07
03/16/07-04/05/07
03/02/07-03/15/07
02/16/07-03/01/07
02/02/07-02/15/07
01/19/07-02/01/07
01/05/07-1/18/07