Common use of Fuel Surcharges Clause in Contracts

Fuel Surcharges. When the average gasoline price exceeds $5.00 per gallon, the mileage rate will be increased by calculating 30% of the price of gasoline that exceeds $5.00 and adding it to the base mileage rate. Thus, if the price of gasoline, according to the gasoline price index, is $5.20, the increase would be 30% of 20 cents, or 6 cents. The gasoline price index to be used shall be found under the category of "[Your Specific State or Region] U.S. Regular Gasoline Prices* (dollars per gallon)” on the following website: xxxx://xxx.xxx.xxx.xxx/oil_gas/petroleum/data_publications/wrgp/mogas_home_page.html

Fuel Surcharges. When the average gasoline price exceeds $5.00 per gallon, the mileage rate will be increased by calculating 30% of the price of gasoline that exceeds $5.00 and adding it to the base mileage rate. Thus, if the price of gasoline, according to the gasoline price index, is $5.20, the increase would be 30% of 20 cents, or 6 cents. The gasoline price index to be used shall be found under the category of "[Your Specific State or Region] U.S. Regular Gasoline Prices* (dollars per gallon)” on the following website: xxxx://xxx.xxx.xxx.xxx/oil_gas/petroleum/data_publications/wrgp/mogas_home_page.htmlxxxxx://xxx.xxx.xxx/dnav/pet/pet_pri_gnd_dcus_nus_w.htm