Common use of Eligibility for Fuel Cost Increase Relief Clause in Contracts

Eligibility for Fuel Cost Increase Relief. The BOE shall determine monthly and annually whether the Contractor shall be eligible prospectively for partial or total suspension of the two percent(2%) prompt payment discount on the basis of the Contractor's submittal of written proof of sufficient vehicle gasoline and vehicle diesel fuel cost increases per gallon. The Contractor must submit to the BOE with each regular monthly invoice a "Monthly Vehicle Fuel Cost Increase Claim Statement," as hereinafter defined. In addition, the Contractor must submit to the BOE an "Annual Vehicle Cost Increase Summary Statement," as hereinafter defined, by August 15th following each Extension Year. The extent of the discount suspension, if any, shall be governed by the provisions hereinafter expressed at Paragraph (I)(7), et seq.

Eligibility for Fuel Cost Increase Relief. The BOE shall determine monthly and annually whether the Contractor shall be eligible prospectively for partial or total suspension of the two percent(2percent (2%) prompt payment discount on the basis of the Contractor's submittal of written proof of sufficient vehicle gasoline and vehicle diesel fuel cost increases per gallon. The Contractor must submit to the BOE with each regular monthly invoice a "Monthly Vehicle Fuel Cost Increase Claim Statement," as hereinafter defined. In addition, the Contractor must submit to the BOE an "Annual Vehicle Cost Increase Summary Statement," as hereinafter defined, by August 15th following each Extension Year. The extent of the discount suspension, if any, shall be governed by the provisions hereinafter expressed at Paragraph (I)(7H)(7), et seq.

Eligibility for Fuel Cost Increase Relief. The BOE shall determine monthly and annually whether the Contractor shall be eligible prospectively for partial or total suspension of the two percent(2percent (2%) prompt payment discount on the basis of the Contractor's ’s submittal of written proof of sufficient vehicle gasoline and vehicle diesel fuel cost increases per gallon. The Contractor must submit to the BOE with each regular monthly invoice a "“Monthly Vehicle Fuel Cost Increase Claim Statement," ” as hereinafter defined. In addition, the Contractor must submit to the BOE an "“Annual Vehicle Cost Increase Summary Statement," ” as hereinafter defined, by August 15th following each Extension Year. The extent of the discount suspension, if any, shall be governed by the provisions hereinafter expressed at Paragraph (I)(7), et seq.

Eligibility for Fuel Cost Increase Relief. The BOE shall determine monthly and annually whether the Contractor shall be eligible prospectively for partial or total suspension of the two percent(2percent (2%) prompt payment discount on the basis of the Contractor's ’s submittal of written proof of sufficient vehicle gasoline and vehicle diesel fuel cost increases per gallon. The Contractor must submit to the BOE with each regular monthly invoice a "“Monthly Vehicle Fuel Cost Increase Claim Statement," ” as hereinafter defined. In addition, the Contractor must submit to the BOE an "“Annual Vehicle Cost Increase Summary Statement," ” as hereinafter defined, by August 15th following each Extension Year. The extent of the discount suspension, if any, shall be governed by the provisions hereinafter expressed at Paragraph (I)(7H)(7), et seq.