Additional Adjustment Resulting in Operator Financial Hardship Sample Clauses

Additional Adjustment Resulting in Operator Financial Hardship. In extraordinary circumstances, as approved by the Consortium, Additional Adjustments may be paid to an Operator to respond to extraordinary circumstances imposed by external legislative forces that may result in Operator financial hardship, that as deemed by the Consortium, would be no fault of the Operator (i.e. Minimum Wage Increase, mandatory seatbelts on school bus). The intention is that an Additional Adjustment request would be made by each Operator, supported by feedback and data, to the Consortium for evaluation. The Consortium would prepare a report for the Board of Directors reflective of the Operator’s feedback and data, containing a recommendation for action. Adjustment decisions may be influenced by funding, but not directly tied to funding.
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Related to Additional Adjustment Resulting in Operator Financial Hardship

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