ITEM 900 — LIQUID ASPHALT ADJUSTMENT
This item is used when the “NE Average” monthly price for asphalt cement as furnished by the
NHDOT Bureau of Materials and Research differs from the base price contained in the proposal.
The monthly price posted by NHDOT is available in the following web page:
http://www.nh. gov/dot/org/projectdevelopment/construction/documents/MonthlyFuelPricesImpe
rial. pdf
The price adjustment will be based on the percent of asphalt cement in the approved mix
formula(s) in the materials incorporated in the work.
The base price of asphalt cement for this Contract is:
$ 495.00 per ton. (as of January 1, 2021)
The monthly price of asphalt cement will be furnished by the NHDOT Bureau of Materials and
Research on the first business day following the 14th calendar day of each month.
The contract prices of Hot Bituminous Pavement will be paid under the item in the contract. The
price adjustment, as provided herein, upwards or downwards, will be made at the end of each
month in which the work was accomplished as follows:
[Monthly price less the base price] X [approved job mix formula percent of asphalt cement] X
[tons of pavement used].
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