Discussion of price adjustments to counteract escalating prices, with the Transportation Bond Bill One and Transportation Bond Bill Two, which address concerns regarding pricing. MassHighway has posted “Period Prices for Liquid Asphalt, Diesel Fuel and Gasoline” to their web site. Under new laws, awarding authority must set a base price for asphalt, diesel and gasoline, concrete, and steel in bid documents for contracts. By providing for mandatory price adjustments, the new bond bills bring stability for both public owners and contractors in impacted projects. (more)