MODIFICATION TO RATES. The Contractor may submit a written request for modification to fees on or before July 1st, 2019 and every July 1st thereafter. If Contractor fails to submit a written request for modification to rates on or before July 1st, Contractor waives the right for a modification to rates. All fees in Exhibit “1” shall remain fixed from the execution of this Contract through October 1st, 2020.
MODIFICATION TO RATES. Contractor shall submit a written request for modification to rates on or before June 1, 2025, and every June 1st thereafter. Requests for modification to rates are subject to the consideration and approval of the City Council. If Contractor fails to submit a written request for modification to rates on or before June 1st, Contractor waives the right for a modification to rates for that year. All costs proposed in Exhibit B shall remain fixed from the execution of this Contract through October 1, 2025. On October 1, 2025, and every October 1st thereafter for the term of this Contract, all cost of collection services, excluding costs associated with Carts, costs associated with Containers, costs of disposal, and costs of processing and marketing, shall be adjusted, increases or decreased, according to this section. City shall not adjust the monthly cost of Carts during neither the initial term of the Contract nor any renewal term. The annual adjustment shall be a composite of two indices, including the Consumer Price Index– All Urban Consumers (“CPI”) and the Diesel Fuel price index by the United States Department of Energy (DOE). A description of the indices and the weighting of each are as follows:
MODIFICATION TO RATES. (a) The fees which may be charged by the Contractor for the second and subsequent years of the term hereof shall be adjusted upward or downward to reflect changes in the cost of operations, as reflected by fluctuations in the Consumer Price Index for Urban Wage Earners and Clerical Workers (All Items) and the Consumer Price Index for Urban Wage Earners and Clerical Workers, Expenditures Category “Gasoline”, both as published by the U.S. Department of Labor, Bureau of Labor Statistics. All to be for Southeastern Region. As of the last month of the first year of the Contract and every twelve months thereafter (the “Rate Modification Date”) the fees shall be increased or decreased for the ensuing twelve month period in a percentage amount equal to 100 percent of the net percentage change of the All Items Index Plus 10 percent of the net percentage change of the Gasoline Index. All percentage changes are to be computed as the difference between the index values for the first full month prior to the commencement of the Contract.
MODIFICATION TO RATES. The charges per residence shall be adjusted annually to reflect changes in the cost of doing business as measured by the Consumer Price Index (All Urban Consumers, All Garbage and Trash Collection, US Town average Index). The first adjustment shall be made for the year beginning, July 1, 2017 and shall use the February 2017, Consumer Price Index as compared to the February 2016, Consumer Price Index, to compute the rate adjustment. The February, Consumer Price Index shall also be used in each subsequent year. In addition, the charges may be adjusted annually effective July 1 of each calendar year to reflect changes in the number of residential units eligible for collection. Also, the Contractor may petition the City for additional rate adjustments at reasonable times on the basis of unusual changes in its costs of operations, such as revised laws, ordinances, or regulations; or changes in the amount of processing required to market the materials.
MODIFICATION TO RATES. Contractor shall increase the rates for service effective on each anniversary of the effective date of this Contract as set forth in Exhibit C.
MODIFICATION TO RATES. 394 a) Contractor rates to the City are listed in “Attachment A”. 395 In any renewal term, contract rates will continue to increase annually by the 396 same percentage as indicated in Attachment A, unless alternative rates are 397 agreed to by both parties. 398
MODIFICATION TO RATES a) Contractor rates to the City are listed in “Attachment A”. In any renewal term, contract rates will continue to increase annually by the same percentage as indicated in the preceding five (5) year(s), unless alternative rates are agreed to by both parties.
MODIFICATION TO RATES. (a) In addition to the above and upon notice, Yoakum may adjust upward Cuero’s rates due to increase compaction rates or due to unusual changes in its cost of operation, such as fuel, revised laws, ordinances, or regulations, changes in location of disposal sites or changes in disposal charges, and for other reasons.
MODIFICATION TO RATES. The Authority agrees to pay and the Contractor agrees to accept, in full consideration of the performance of the Contractor’s obligations, compensation to be computed as follows:
MODIFICATION TO RATES
