Diesel Fuel Price Adjustment Monitoring
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The contract requires ongoing monitoring of monthly diesel fuel index fluctuations to determine allowable price adjustments under FHWA clause TC-7.09, ensuring contract pricing remains aligned with market conditions. Adjustments are strictly capped at five percent of the total contract value to limit financial exposure while maintaining cost fairness. This mechanism applies across all performance areas under the agreement, with no geographic restrictions specified beyond the broad area-wide performance location. The subcontract is issued by the Maryland Department of Transportation under NAICS code 541611, indicating it relates to management consulting services. The solicitation was posted and has a response deadline on the same date, suggesting an immediate or closed posting context. Although no specific point of contact or organizational set-aside details are provided, the contract is structured to support dynamic pricing under federal transportation guidelines without additional set-asides or geographic limitations beyond the statewide scope.
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Area Wide, MD, USSet-Aside
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