Amendment of Rates. The overhead rates provided for in this Section III may be amended from time to time only by mutual agreement between the Parties hereto if, in practice, the rates are found to be insufficient or excessive.
Amendment of Rates. The Overhead rates provided for in this Section III may be amended from time to time if, in practice, the rates are found to be insufficient or excessive, in accordance with the provisions of Section I, Paragraph 6.
Amendment of Rates. Rates for services provided under this agreement shall be adjusted at an increased rate of 3% each year. A notification regarding rate changes shall be communicated in writing to the district. When the average fuel price exceeds $5.00 per gallon, the mileage rate will be increased by calculating 50% of the fuel price that exceeds $5.00 and adding it to the base mileage rate. Thus, if the price of fuel, according to the average fuel price index, is $5.60, the increase would be 50% of the 60 cents or 30 cents. Such surcharges apply for the miles included in the ride base price. The fuel price index to be used shall be found under the category of “[Your Specific State or Region] U.S. and an Average Fuel Prices (dollars per gallon) to be calculated from the following website: xxxxx://xxx.xxx.xxx/dnav/pet/pet_pri_gnd_dcus_sca_w.htm FirstAlt, a division of First Student, is a complementary or stand-alone service model providing transportation to students with alternative needs. FirstAlt partners with your district to provide personalized student care. FirstAlt is supported by the following departments: • Executive Management • Business Development • Client Management/Client Relations • Local Operations • Dispatchers • Routers • Safety The First Student senior leadership team is responsible for making sure we deliver on our promise to keep your students moving and your community prospering. To learn more about our full leadership team, visit our website at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/leaders. Xxxx Xxxxxxx XEO and President Xxxx Xxxxxxx xoined First Student in February 2022, bringing with him a wealth of experience managing fleet-based businesses and distributed workforces. Joxx’s career includes more than three decades of leadership experience and includes a proven track record of leading technological innovation, commercial excellence and operational rigor to provide best-in-class services to customers. • Regional Chief Executive Officer of the Americas for G4S • President of Commercial Development for OfficeMax • President of North America commercial for ADT/Tyco International • Bachelor of Science in Marketing and Finance, Miami University Chief Operating Officer Xxxx Xxxxx Xhief Operating Officer Xxxx Xxxxx xs responsible for all regional operations of First Student, with a focus on improving operational discipline and compliance down to the location level. Xxxx co-led Mission 1, an important reorganization and transformation project for First Student, wh...
Amendment of Rates. The above Overhead rates may be amended from time to time by agreement between Operator and Non-Operators if, in practice, the rates are found to be insufficient or excessive.
Amendment of Rates. Rates for services provided under this agreement shall be adjusted at an increased rate of 3% each year.
