Common use of Custom Fuel Surcharge Index and Methodology Clause in Contracts

Custom Fuel Surcharge Index and Methodology. Our fuel surcharge calculation method is based on the 3 week rolling average of the U. S. Energy Information Administration (xxx.xxx.xxx). The Department of Energy website is updated every Tuesday and the National average is the benchmark used. Each month, the 3-week rolling average will be recalculated and the surcharge will be adjusted up or down based on the following matrix: For any 3-week U.S. National Average Diesel Fuel price over $4.00 add an additional 1% for every $0.25 per gallon increase. Below- 0% $2.501- 1% $2.751- 2% $3.001- 3% $3.251- 4% $3.501- 5% $3.751- 6%

Custom Fuel Surcharge Index and Methodology. Our fuel surcharge calculation method is based on the 3 week rolling average of the U. S. Energy Information Administration (xxx.xxx.xxx). The Department of Energy website is updated every Tuesday and the National average is the benchmark used. Each month, the 3-week rolling average will be recalculated and the surcharge will be adjusted up or down based on the following matrix: For any 3-week U.S. National Average Diesel Fuel price over $4.00 add an additional 1% for every $0.25 per gallon increase. Below- 0% $2.501- 1% $2.751- 2% $3.001- 3% $3.251- 4% $3.501- 5% $3.751- 6%.