NSITE DOCUMENT
Placer County - price escalation for asphalt products.pdf
- Library: Purchissues
- Year Created: 2022
- File Type: PDF
The document outlines the terms and conditions for Bid No. 100215, specifically focusing on product availability and price adjustments related to Hot Mix Asphalt and Winter Patch products. It states that the contractor must supply the requested materials within three working days, or the County may make open market purchases with the contractor potentially liable for additional costs. Price adjustments can be requested after the initial 120 days, based on changes in asphalt cement costs, with specific calculations and requirements outlined for such adjustments. The adjustments are based on the California Paving Asphalt Price Index and must be communicated to the Placer County Procurement Services Division for approval. The document also specifies that price changes do not apply to orders made before the effective date of the change and that all communications regarding price adjustments should be directed to Tim Pratt at the Placer County Procurement Services Division.