Annual adjustment of Administrative Fee and Risk Surcharge Sample Clauses

Annual adjustment of Administrative Fee and Risk Surcharge. On an annual basis, the County shall set the Administrative Fee to be charged to both self-funded political subdivisions and fully-insured political subdivisions. On an annual basis, the County shall set the Risk Surcharge, if applicable, for a fully- insured political subdivision for the following calendar year. Annual adjustments for the Administrative Fee and the Rrisk Surcharge will be made for 2011, 2012 and 2013. The County has the sole discretion to set the Administrative Fee, at a minimum of 3% and a maximum of 6% of the fully-insured equivalent rate and in the case of a self-funded political subdivision, will be a rate set by the County based upon the services selected. The County also has the sole discretion to set the Rrisk Surcharge, not to exceed 15% of the annual fully-insured equivalent regionalization rate. The County will provide written notice to political subdivisions of the Administrative Fee and Risk Surcharge, if applicable, at the time of entry into the Regionalization Program.
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Related to Annual adjustment of Administrative Fee and Risk Surcharge

  • Limitation of Administrative Costs Worksheet The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2021 budgeted expenditures over FY2020 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease).

  • DIR Administrative Fee A) The administrative fee to be paid by the Vendor to DIR based on the dollar value of all sales to Customers pursuant to this Contract is three-quarters of one percent (.75%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $750.00.

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  • Administrative Fee The Borrower agrees to pay to the Administrative Agent the annual administrative fee as described in the Fee Letter.

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