Rise and Fall Index

Labour, Construction & Average Bitumen Price

Details of recently published Rise and Fall indices from ABS are as follows:

Index 6427 Tables 17, Ref No. 3101 - Victoria to March 2020

The indexes are the "as first published" indices by the Australian Bureau of Statistics referred to in Section 199 - Provision for Adjustment of Contract Sum of the Standard Specification for Road and Bridgeworks, and also in Section 4020 - Provision for Adjustment of Contract Sum of the AS4300 General Conditions based contracts.

The indexes can be used for calculation of Rise and Fall payments for those contracts which include Section 199 or Section 4020.

Please be aware that the indices are "as first published" and note that ABS may adjust the indices in subsequent publications. Section 199 and Section 4020 both specify that the "as first published index" and not any "re-calculated index" shall be used to calculate rise and fall payments.

For information on discontinued indexes and historic data please contact Paul Petridis on 9854 1752

Attached below is an Excel File of the Rise & Fall Indices.

Rise and Fall Indices.xlsRise and Fall Indices.xls


" As first published" by Australian Bureau of Statistics (ABS)

ABS Index 6345.0 "Labour Price Index"
(Table 10 - Ord Time Hrly Rates of Pay excl bonus, Victoria)

NOTE: The Labour Index is no longer specified under Section 199/4020.



" As first published" by Australian Bureau of Statistics (ABS)

ABS Catalogue No. 6427.0, Producer Price Indexes,
Table 17, 3101 Road and Bridge Construction Victoria
Date
Index
Format
Jun-09154.1 Published
Jul-09154.5Interpolated
Aug-09154.9Interpolated
Sep-09155.3Published
Oct-09156.17Interpolated
Nov-09157.03Interpolated
Dec-09157.9Published
Jan-10157.67Interpolated
Feb-10157.43Interpolated
Mar-10157.2Published
Apr-10157.63Interpolated
May-10158.07Interpolated
Jun-10158.5Published
Jul-10158.63Interpolated
Aug-10158.77Interpolated
Sep-10158.9Published
Oct-10160.53Interpolated
Nov-10162.17Interpolated
Dec-10163.8Published
Jan-11164.0Interpolated
Feb-11164.2Interpolated
Mar-11164.4Published
Apr-11167.17Interpolated
May-11169.93Interpolated
Jun-11172.7Published
Jul-11172.7Interpolated
Aug-11172.7Interpolated
Sep-11172.7Published
Oct-11173.1Interpolated
Nov-11173.5Interpolated
Dec-11173.9Published
Jan-12174.9Interpolated
Feb-12175.9Interpolated
Mar-12176.9Published
Apr-12177.57Interpolated
May-12178.23Interpolated
Jun-12178.9Published

Jun-12101.9Published
Jul-12102.27Interpolated
Aug-12102.63Interpolated
Sep-12103.0Published
Oct-12103.1Interpolated
Nov-12103.2Interpolated
Dec-12103.3Published
Jan-13103.63Interpolated
Feb-13103.97Interpolated
Mar-13104.3Published
Apr-13104.43Interpolated
May-13104.57Interpolated
Jun-13104.7Published
Jul-13105.07Interpolated
Aug-13105.43Interpolated
Sep-13105.8Published
Oct-13106.07Interpolated
Nov-13106.33Interpolated
Dec-13106.6Published
Jan-14106.67Interpolated
Feb-14106.73Interpolated
Mar-14106.8Published
Apr-14106.9Interpolated
May-14107.0Interpolated
Jun-14107.1Published
Jul-14107.17Interpolated
Aug-14107.23Interpolated
Sep-14107.3Published
Oct-14107.27Interpolated
Nov-14107.23Interpolated
Dec-14107.2Published
Jan-15107.17Interpolated
Feb-15107.13Interpolated
Mar-15107.1Published
Apr-15107.2Interpolated
May-15107.3Interpolated
Jun-15107.4Published
Jul-15107.47Interpolated
Aug-15107.53Interpolated
Sep-15107.6Published
Oct-15108.3Interpolated
Nov-15109.0Interpolated
Dec-15109.7Published
Jan-16108.97Interpolated
Feb-16108.23Interpolated
Mar-16107.5Published
Apr-16106.7Interpolated
May-16105.9Interpolated
Jun-16105.1Published
Jul-16104.8Interpolated
Aug-16104.5Interpolated
Sep-16104.2Published
Oct-16104.1Interpolated
Nov-16104.0Interpolated
Dec-16103.9Published
Jan-17104.07Interpolated
Feb-17104.23Interpolated
Mar-17104.4Published
Apr-17104.9Interpolated
May-17105.4Interpolated
Jun-17105.9Published
Jul-17106.93Interpolated
Aug-17107.97Interpolated
Sep-17109.0Published
Oct-17109.2Interpolated
Nov-17109.4Interpolated
Dec-17109.6Published
Jan-18110.97Interpolated
Feb-18112.33Interpolated
Mar-18113.7Published
Apr-18114.83Interpolated
May-18115.97Interpolated
Jun-18117.1Published
Jul-18117.73Interpolated
Aug-18118.37Interpolated
Sep-18119.0Published
Oct-18119.67Interpolated
Nov-18120.33Interpolated
Dec-18121.0Published
Jan-19120.87Interpolated
Feb-19120.73Interpolated
Mar-19120.6Published
Apr-19120.63Interpolated
May-19120.67Interpolated
Jun-19120.7Published
Jul-19121.13Interpolated
Aug-19121.57Interpolated
Sep-19122.0Published
Oct-19122.2Interpolated
Nov-19122.4Interpolated
Dec-19122.6Published
Jan-20
122.23
Interpolated
Feb-20
121.87
Interpolated
Mar-20
121.50
Published
The June index will not be available until after 1 August 2020
Date
Value
Jan-09$867.50
Feb-09$850.83
Mar-09$817.50
Apr-09$817.50
May-09$827.50
Jun-09$847.50
Jul-09$847.50
Aug-09$847.50
Sep-09$847.50
Oct-09$847.50
Nov-09$847.50
Dec-09$847.50
Jan-10$847.50
Feb-10$847.50
Mar-10$847.50
Apr-10$860.83
May-10$860.83
Jun-10$847.50
Jul-10$880.83
Aug-10$880.83
Sep-10$900.83
Oct-10$900.83
Nov-10$917.50
Dec-10$917.50
Jan-11$917.50
Feb-11$917.50
Mar-11$937.50
Apr-11$952.50
May-11$959.17
Jun-11$989.17
Jul-11$989.17
Aug-11$989.17
Sep-11$984.17
Oct-11$984.17
Nov-11$997.50
Dec-11$1014.17
Jan-12$1014.17
Feb-12$1024.17
Mar-12$1024.17
Apr-12$1037.50
May-12$1044.17
Jun-12$1057.50
Jul-12$1050.83
Aug-12$1024.17
Sep-12$1024.17
Oct-12$1037.50
Nov-12$1037.50
Dec-12$1040.83
Jan-13$1040.83
Feb-13$1040.83
Mar-13$1049.17
Apr-13$1075.83
May-13$1075.83
Jun-13$1075.83
Jul-13$1075.83
Aug-13$1085.83
Sep-13$1085.83
Oct-13$1105.00
Nov-13$1105.00
Dec-13$1105.00



Following is the average published list selling price for Class 170 bitumen of main Victorian bitumen suppliers at the start of each nominated month. These figures are applicable to contracts incorporating a Section 199 / 4020 dated August 2012 or later.

Date
Value
Jul-12$1045.83
Aug-12$1025.83
Sep-12$1025.83
Oct-12$1028.50
Nov-12$1028.50
Dec-12$1033.50
Jan-13$1033.50
Feb-13$1043.50
Mar-13$1051.83
Apr-13$1068.50
May-13$1068.50
Jun-13$1068.50
Jul-13$1068.50
Aug-13$1095.17
Sep-13$1115.00
Oct-13$1121.67
Nov-13$1115.00
Dec-13$1107.50
The figures in the following table are applicable irrespective of which of the above tables have been used for the base data.

Date
Value
Jan-14$1115.00
Feb-14$1123.33
Mar-14$1131.67
Apr-14$1121.67
May-14$1115.00
Jun-14$1108.33
Jul-14$1101.67
Aug-14$1111.67
Sep-14$1098.33
Oct-14$1098.33
Nov-14$1108.33
Dec-14$1108.33
Jan-15$1108.33
Feb-15$1071.67
Mar-15$1031.67
Apr-15$971.67
May-15$951.67
Jun-15$951.67
Jul-15$965.00
Aug-15$975.00
Sep-15$985.00
Oct-15$958.33
Nov-15$958.33
Dec-15$971.67
Jan-16$971.67
Feb-16$935.00
Mar-16$898.33
Apr-16$861.67
May-16$861.67
Jun-16$841.67
Jul-16$835.00
Aug-16$841.67
Sep-16$841.67
Oct-16$841.67
Nov-16$853.33
Dec-16$873.33
Jan-17$880.00
Feb-17$926.67
Mar-17$971.67
Apr-17$971.67
May-17$971.67
Jun-17$955.00
Jul-17$955.00
Aug-17$955.00
Sep-17$955.00
Oct-17$961.67
Nov-17$961.67
Dec-17$991.67
Jan-18$1010.00
Feb-18$1010.00
Mar-18$1010.00
Apr-18$1003.33
May-18$1003.33
Jun-18$1033.33
Jul-18$1095.00
Aug-18$1145.00
Sep-18$1145.00
Oct-18$1158.33
Nov-18$1198.33
Dec-18$1238.33
Jan-19$1198.33
Feb-19$1125.00
Mar-19$1086.67
Apr-19$1143.33
May-19$1196.67
Jun-19$1210.00
Jul-19$1215.00
Aug-19$1186.67
Sep-19$1201.67
Oct-19$1218.33
Nov-19$1230.00
Dec-19
$1230.00
Jan-20
$1193.33
Feb-20
$1160.00
Mar-20
$1170.00
Apr-20
$1128.33
May-20
$1005.00
Jun-20
$975.00