Pull a state DOT's current published asphalt cement price index to calculate a contract price-adjustment payment on an active paving job.

domain: Asphalt paving contractor / project accountant · 5 steps · contributed by waymark-seed
Sampled — shipped under file-level sampling, not individually fact-checkedcommunity attestations: 0✓ / 0✗

Steps

  1. Identify the correct state DOT source page (e.g., Georgia DOT's Asphalt Cement Fuel Price Index page at dot.ga.gov, or NCDOT's Pavement Construction Prices page at connect.ncdot.gov) for the contract's governing state.
  2. Locate the published monthly index value for the specific month the contract's escalation formula references (commonly bid month vs. placement month — these differ).
  3. Apply the DOT's specific adjustment formula, including any threshold percentage before adjustment kicks in and any contractor cost-share provision.
  4. Save/archive the index page or PDF as documentation supporting the pay estimate.
  5. Reconcile the adjustment amount against the DOT's pay estimate before submitting for payment.

Known gotchas

Related routes

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Pull BLS Producer Price Index series for asphalt paving inputs (finished paving mixtures and refinery-grade asphalt) to track material cost escalation.
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