Common use of CLIENT COSTS FORMULA Clause in Contracts

CLIENT COSTS FORMULA. 2.1 The initial division of costs is between the Waste Disposal Authority and the Waste Collection Authorities with the Waste Disposal Authority responsible for 45.76 per cent of costs and the Waste Collection Authorities 54.24 per cent. 2.2 Following this initial division, the actual share payable by each Partner Authority shall be calculated as follows: The Waste Collection Authorities shall each be responsible for costs in equal proportion to the percentage of Residential Properties registered for Council Tax in the County located within their area. Waste Collection Authority share = (Cost x 54.24%) x (NR ÷ TRC) Where: NR – number of Residential Properties in the relevant Waste Collection Authority Area; and TRC – total number of Residential Properties in the County Waste Disposal Authority share = Cost x 45.76%.