Annual Rate Adjustments. Company shall increase the rates for all Services effective on each anniversary of the Effective Date of this Agreement in an amount equal to the percentage increase in the Consumer Price Index for All Urban Consumers (Water, Sewer and Trash Collection Services) U.S. City Average, as published by United States Department of Labor, Bureau of Statistics (the “CPI”). For the CPI calculation, rates will be adjusted using the most recently available trailing twelve (12) months average CPI compared to the twelve (12) months preceding.
Annual Rate Adjustments. (a) The Total Base Rate, excluding any surcharge or tax imposed by a third-party pursuant to Section 9.3, shall be adjusted annually beginning July 1, 2023 and each year thereafter by increasing the Total Base Rate by the increase in the Consumer Price Index- For All Urban Consumers (CPI-U) for the preceding 12-month period (“Adjusted Base Rate”), provided, however, that the amount of the annual increase to the Total Base Rate shall not be less than one percent (1%) and shall not be more than three percent (3%), irrespective of the actual change in the CPI-U. Each annual increase thereafter in the Adjusted Base Rate shall be cumulative of the preceding annual increase; and shall include the same percentage adjustment as made to the Total Base Rate charged by Chicago Heights to Homewood. Homewood agrees to annually notify East Xxxxx Crest of the percentage increase in Adjusted Rate Base as soon as it receives notice of the percentage increase from Chicago Heights.
Annual Rate Adjustments. (a) The Total Base Rate, excluding any surcharge or tax imposed by a third-party pursuant to Section 9.3, shall be adjusted annually on the first day of the month immediately following the anniversary of the commencement of water delivery by Chicago Heights to Homewood, or January 1, 2023, whichever occurs first, by increasing the Total Base Rate by the increase in the Consumer Price Index-For All Urban Consumers (CPI-U) for the preceding 12-month period (“Adjusted Base Rate”), provided, however, that the amount of the annual increase to the Total Base Rate shall not be less than one percent (1%) and shall not be more than three percent (3%), irrespective of the actual change in the CPI-U. Each annual increase thereafter in the Adjusted Base Rate shall be cumulative of the preceding annual increase; and shall include the same percentage adjustment as made to the Total Base Rate charged by Chicago Heights to Homewood. Homewood agrees to annually notify Flossmoor of the percentage increase in Adjusted Rate Base as soon as it receives notice of the percentage increase from Chicago Heights.
Annual Rate Adjustments. According to the schedule established pursuant to paragraph 12.4.6 hereof, Western shall present to Reclamation and the Contractors its analysis of the revenue that the then-effective BCP capacity and energy charges are expected to yield in the next Rate Year as compared to the Annual Revenue Requirements of the Rate Year. If such charges are expected to provide revenues that are greater or less than the Annual Revenue Requirement, Western shall propose a corrective BCP rate adjustment to take effect in the first Billing Period of the Rate Year.
Annual Rate Adjustments. Commencing on September 1, 2019, and on the same date annually thereafter (the “Adjustment Date”), the Base Rate, as adjusted hereunder, shall be automatically increased by a percentage equal to the percent change in the average Consumer Price Index for All Urban Consumers: Water and sewer and trash collection services (“CPI”), as published by the Bureau of Labor Statistics, for the 12-month period ending nearest, but at least sixty (60) days prior to, the Adjustment Date. At least thirty (30) days prior to the Adjustment Date, WM shall notify the City of the CPI adjustment to take effect on the Adjustment Date and shall provide the City with its computations therefor. Adjustments to the Contractor’s service rates shall be made in units of one cent ($0.01). Fractions less than one cent ($0.01) shall not be considered when making adjustments.
Annual Rate Adjustments. Company shall increase the rates by four (5%) percent for all Services on April 1 of each successive year of the contract.
Annual Rate Adjustments. Company shall increase the rates for the Item 1 Services effective on each anniversary of the Effective Date of this Agreement as shown in Exhibit B.
Annual Rate Adjustments. Plan First Technologies reserves the right to apply a 3% annual price adjustment or rate increase. Price adjustments are not guaranteed to happen every year.
Annual Rate Adjustments. Provider may request a rate adjustment no more frequently than annually for the ensuing one-year period beginning on an anniversary of the effective date (“Contract Year”) to reflect actual increases in Provider’s cost to perform the Services. Requests must be in writing and include backup documentation establishing the actual increases in cost. In no event shall the rate adjustment be more than the percentage change during the preceding Contract Year in the Consumer Price Index for All Urban Consumers (CPI-U), U.S. City Average, not seasonally adjusted, all items, published by the U.S. Department of Labor. Any request for a rate adjustmen t shall be submitted to the City no less than thirty (30) calendar days prior to the end of the Contract Year, and adjustments shall be effective as of the beginning of the ensuing Contract Year.
Annual Rate Adjustments. Rates will be adjusted annually as shown below, effective January 1 of each year of the term, including extensions. Commencing January 1, 2025 and thereafter on each January 1, this Agreement is in effect, including any extension years, the rates stated above shall be increased by the change in the value of the All Urban Consumers Index (CPI-U), All Items, for the San Francisco-Oakland-San Jose, CA, Base Period 1982 – 1984 = 100, not seasonally adjusted, compiled and published by the U. S. Department of Labor, Bureau of Labor Statistics (or its successor) for the previous October and its value twelve months before. Form C COMPOST PURCHASE PRICE Finished Compost Purchase Price (FOB Compost Facility) Up to 1,000 tons/yr 1,001-5,000 tons/yr Over 5,000 tons/yr Price Quote per ton per ton per ton