Check here for information on escalation clauses that address cost adjustments for fluctuations in the cost of raw material or labor.
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Steel Cost Adjustment
- Steel Cost Adjustment Directions and GSP. (PDF 457KB)
Search for GSP 1-09.3.OPT2.FR1.
Fuel Cost Adjustment
- Fuel Cost Adjustment Instructions & GSP. (PDF 457KB)
Search for GSP 1-09.3.OPT1.FR1.
Asphalt Cost Adjustment
- New Asphalt Binder Reference Costs
- New Asphalt Cost Adjustment Directions and GSP (PDF 445KB).
Search for GSP 5-04.5.OPT2.GR5.
- Old Asphalt Binder Monthly Cost Index (PDF 31KB)
Cost Adjustment Spreadsheet
- Payment Calculator Spreadsheets (XLS 73KB) for Asphalt, Fuel, or Steel Cost Price Adjustments.
Calculates either a payment or credit amount to be paid with the monthly progress estimate
Find guidance and other estimating calculation sheets that will aid in your projects.