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Steel material value is established each month from the IDWPUSISTEEL1 Bureau of Labor Statistics Producer Price Indexes, using non-seasonally adjusted indexes only.
The Oregon Department of Transportation only publishes values for use after the IDWPUSISTEEL1 BLS PPI establishes the numbers as final.
Steel material values are intended for use in determining and calculating steep material price escalation and de-escalation adjustments according to Standard Specification Boilerplate Special Provision 00195.12(a) through 00195.12(d).
Please contact Joe Wolf, 503-986-3247, for steel value information until we get this fixed. Thanks for your understanding. -- ODOT
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