Percent Difference = {(BPI L – BPI P ) ÷ BPI L } x 100
Bituminous materials cost adjustments will be calculated for each calendar month in which applicable bituminous material is placed; and will be paid or deducted when all other contract requirements for the items of work are satisfied pursuant to the terms and conditions of the subcontract master agreement. The additive adjustments shall not apply during contract time subject to delays caused in whole or in part by the subcontractor. The actual price difference resulting from the aforementioned formula will only be applied to those quantities in tons as stated in items 1, 2 and 3 above. No other pricing adjustments will be allowed.
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