Common use of Calculation of Adjustment to Other Allowable Non Clause in Contracts

Calculation of Adjustment to Other Allowable Non. Fuel Expenses and Other Recoverable Expenses Other Allowable Non-Fuel Expenses (OANFE) shall be adjusted as follows: Adjusted OANFE = (Previous Year OANFE) x [[(current year February CPI/12-month previous year February CPI) - 1] x 0.93 + 1] Example: Assume the following change in CPI:

Appears in 4 contracts

Samples: Agency Agreement, Waste Handling Franchise Agreement, Handling Franchise Agreement

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