ARE THE BASE RATE ADJUSTMENTS APPROPRIATE? Sample Clauses

ARE THE BASE RATE ADJUSTMENTS APPROPRIATE?. (Complete Settlement) The parties agree there is one base rate adjustment. In its EB-2013-0365 Decision, the Board ordered Union to adjust the Kirkwall Station cost allocation methodology to take into account all volumes flowing through the Kirkwall metering station and allocate costs based only on demand. In accordance with the Board Decision, Union has re-allocated the Kirkwall Station costs and included the rate adjustments in 2015 proposed rates. The re-allocation results in a cost increase to Rate M12 of $0.222 million, a decrease to Union South in-franchise rate classes of $0.143 million and a decrease to Union North in-franchise rate classes of $0.079 million. The following parties agree with the settlement of this issue: APPrO, BOMA, CME, CCC, Kitchener, Xxxxxx Xxxxx, FRPO, LPMA, OAPPA, OGVG, SEC, Union, VECC The following parties take no position: SNNG, Xxxxx X. Xxxxxx, TransCanada Evidence References:
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Related to ARE THE BASE RATE ADJUSTMENTS APPROPRIATE?

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  • Rental Rates and Wage Rates for Change Orders As soon as is practical, but prior to the completion of the Construction Preparation Period and in any event prior to the commencement of any Work on the Site, the Contractor shall submit in accordance with the style and format of a specimen to be furnished by the Owner for consideration of the Owner the following: (1) a proposal for rental rates on heavy construction equipment that shall apply in the event Change Order Work is performed, and (2) a proposal for wage rates for the types of project labor that shall apply in the event of the execution of any Change Order Work. Under penalty of false swearing, a principal of the contracting firm shall certify that the proposal for rental rates and proposal for wage rates do not exceed current costs for like services. The Owner will in no event consider a rental rate in excess of eighty percent of the rate set forth in the latest edition of the "Compilation of Nationally Averaged Rental Rates for Construction Equipment" of the Associated Equipment Distributors unless the rates proposed in excess of eighty percent are supported by proof satisfactory to the Owner that the excess rates are reasonable. If the equipment is owned by the Contractor the costs shall be charged at a maximum of eighty percent of market monthly rental rates for the amount of time used. If applicable, transportation costs may be included. The decision of the Owner shall be final, binding and conclusive on all parties. Rental rates shall be payable only for the actual time the equipment is required on the Site.

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