Common use of Fuel Surcharges Clause in Contracts

Fuel Surcharges. All pricing shall be protected from increase for three (3) months from the execution date of this Contract, Purchase Order, or Notice to Proceed. Fuel charges shall not be allowed unless disclosed at the time the Vendor/Contractor submits a response to a solicitation or quote and subsequently closed at the stated date and time. Fuel surcharges will only be allowed if the price per gallon of gasoline/diesel fuel increases more than 20 percent (20%) from the gasoline/diesel fuel prices posted on the day the solicitation closed. The index used for diesel prices is Weekly On Highway Diesel Prices for the Rocky Mountain Region. The index for gasoline prices is Weekly Retail Gasoline Prices for the Rocky Mountain Region. Both are posted each Monday by the Energy Information Agency at: xxxx://xxxxx.xxx.xxx.xxx/oog/info/gdu/gasdiesel.asp xxxx://xxxxx.xxx.xxx.xxx/dnav/pet/pet_pri_gnd_dcus_nus_w.htm