Fuel Adjustments. If the Fuel Price EWD is greater than one hundred five percent (105%) of the Fuel Price ED or is less than ninety-five percent (95%) of the Fuel Price ED, then, within fifteen (15) days following the date of Ex Works of the last Wind Turbine, Supplier shall submit to Buyer a calculation of any additional amounts payable or credits to Buyer as a result of an increase or decrease in the price of bunker fuel between the Effective Date and the date of Ex Works of the last Wind Turbine for the Project. Such calculation shall be made in accordance with the following formula: (A * B * C ) Where, A = $1,314,106 (the portion of the Contract Price attributable to ocean freight) B = 0.113 (the percentage of ocean freight attributable to fuel) and C = (Fuel Price EWD - Fuel Price ED) / Fuel Price ED. Within five (5) days following receipt of Supplier’s calculation, Buyer shall approve or dispute the calculation. If Buyer approves the calculation and such amount is positive, Buyer shall pay to Supplier the amount set forth in the calculation within seven (7) calendar days following its approval thereof. If Buyer approves the calculation and such amount is negative, Supplier shall apply a credit in such amount to the remaining portion of the Contract Price. If Buyer disputes the calculation and the Parties are unable to resolve the dispute, either Party may submit the matter to arbitration in accordance with the provisions of .
Fuel Adjustments. (4) Section G, paragraph 2a(11) concerning ferry certification.
Fuel Adjustments. The Contractor’s bid was calculated using the DOE On-Highway diesel price per gallon for New England as of November 14, 2022: $6.060. The fuel adjustment will be calculated using the Contractor’s percentage of the wet ton price identified for transportation. The Contractor will apply the fuel adjustment only to the dollar amount associated with transportation. It will not include disposal. Should the price per gallon of diesel fuel decrease by more than $1 from the bid price, the Town will receive a fuel credit.
Fuel Adjustments. The prices are subject to adjustment for variances in fuel prices as set forth in the AMC Final Uniform Negotiated Rates and Rules, and Appendix 3, paragraph 17 of Section C, Statement of Work (SOW).
Fuel Adjustments. If the Fuel Price _____* for the Group 2 Wind Turbines or the Group 3 Wind Turbines is greater than _____*% of the Fuel Price _____* or is less than _____*% of the Fuel Price _____*, then Supplier shall submit to Buyer a calculation of any additional amount payable or credits to Buyer as a result of the increase or decrease in the price of bunker fuel between the applicable Fuel Price _____* and the Fuel Price _____*. Such calculation shall be made in accordance with the following formula: (A * B * C) Where, A = the ocean freight portion of the applicable Group Base Price attributable to the Wind Turbines being shipped, which, for shipments of the Group 2 Wind Turbines is $_____*, and for shipments of the Group 3 Wind Turbines is $_____*. B = _____* (the percentage of ocean freight attributable to bunker fuel based on Delivery to the Delivery Point) and C = (Fuel Price _____* – Fuel Price _____*) / Fuel Price _____*.
Fuel Adjustments. The prices are subject to adjustment for variances in fuel prices as set forth in the AMC Final Uniform Negotiated Rates and Rules, and Appendix 3, paragraph 17 of Section C, Performance Work Statement (PWS).
Fuel Adjustments. The Contractor will apply a fuel adjustment to each monthly invoice if the price of diesel fuel increases or decreases over the established base price during the term of this contract. The established base price of diesel fuel is $ 2.489 per U.S. gallon. This was the price of diesel fuel the week the bids were opened as reported by the U.S. Department of Energy, Energy Information Administration (EIA)
