Fuel Price Index definition

Fuel Price Index means the Fuel Price Index as determined and published by the New Jersey Department of Transportation.
Sample 1Sample 2Sample 3
Fuel Price Index means the Fuel Price Index as determined and
Sample 1Sample 2Sample 3

Examples of Fuel Price Index in a sentence

  • CA = (FPIP - FPIL) x FUF x QWhere: CA = Cost Adjustment, $FPIP = Fuel Price Index, as published by the Department for the month the work is performed, $/gal ($/liter)FPIL = Fuel Price Index, as published by the Department for the month prior to the letting, $/gal ($/liter)FUF = Fuel Usage Factor in the pay item(s) being adjustedQ = Authorized construction Quantity, tons (metric tons) or cu yd (cu m) The entire FUF indicated in paragraph (b) will be used regardless of use of trucking to perform the work.

  • Note 1 Subject to a minimum fuel adjustment charge of $2.00 per shipment when the EIA Diesel Fuel Price Index is at least 115 cents per gallon.Note 2 The term “line haul charges” referred to herein applies to all charges other than accessorial charges.Note 3 For the purposes of the volume or capacity load fuel surcharge application, volume or capacity load shipments are defined as:a.

  • When the DOE Diesel Fuel Price Index falls below 115 cents, the fuel surcharge will not apply.

  • For each six cent ($0.06) decrease below 199 cents in the DOE Diesel Fuel Price Index, the fuel surcharge will decrease by 0.3%.

  • CA = (FPIP - FPIL) x FUF x Q Where: CA = Cost Adjustment, $FPIP = Fuel Price Index, as published by the Department for the month the work is performed, $/gal ($/liter)FPIL = Fuel Price Index, as published by the Department for the month prior to the letting, $/gal ($/liter)FUF = Fuel Usage Factor in the pay item(s) being adjustedQ = Authorized construction Quantity, tons (metric tons) or cu yd (cu m) The entire FUF indicated in paragraph (b) will be used regardless of use of trucking to perform the work.

  • The index shall be the Department of Energy’s National Average Diesel Fuel Price Index after 4:00 PM on Monday of each week.

  • The index shall be the Department of Energy’s National Average Diesel Fuel Price Index, on Monday of each week.

  • Note 1 Subject to a minimum fuel adjustment charge of $2.00 per shipment when the DOE Diesel Fuel Price Index is at least 115 cents per gallon.Note 2 The term line haul charge referred to herein applies to all charges other than accessorial charges.Note 3 Shipments will be subject to a fuel surcharge based on a weekly fuel price index.

  • The surcharge for each Monday through Sunday will be based on Monday’s DOE index of the previous week.Note 4 For each six cent ($0.06) increase over 481 cents in the DOE Diesel Fuel Price Index, the fuel surcharge will increase by an additional 0.3% on LTL shipments.

  • Note 1 Subject to a minimum fuel adjustment charge of $2.00 per shipment when the DOE Diesel Fuel Price Index is at least 115 cents per gallon.Note 2 The term line haul charge referred to herein applies to all charges other than accessorial charges.Note 3 All shipments will be subject to a fuel surcharge based on a weekly fuel price report, published on the website of the US Energy Information Administration (EIA) for the US On-Highway Diesel Fuel Price.

Related to Fuel Price Index

  • Retail Price Index means the general index of retail prices published by the Office for National Statistics each month in respect of all items or:

  • Price Index means the "Consumer Price Index" published by the Bureau of Labor Statistics of the U.S. Department of Labor, All Items. New York, N.Y.--Northeastern, N.J., all urban consumers (presently denominated "CPI-U"), or a successor or substitute index appropriately adjusted. (iii) the term "Price Index for the Base Year" shall mean the average of the monthly All Items Price Indexes for each of the 12 months of the Base Year.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Municipal Revitalization Index means the 2007 index by the

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • CPI means the headline consumer price index (for all urban areas) annual inflation rate, or such amended or replacement index, as published monthly by Statistics South Africa in Statistical Release P0141, available from <http://www.statssa.gov.za>.

  • Consumer Price Index means the Consumer Price Index for

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Retail Prices Index means the general index (for all items) published by the Office for National Statistics or, if that index is not published for a relevant month, any substituted index or index figures published by that Office;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Inflation Index means each inflation index specified in the applicable Final Terms and related expressions shall be construed accordingly.

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • MMBtu means one million British thermal units.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.