Common use of OPIS POSTING LOCATIONS Clause in Contracts

OPIS POSTING LOCATIONS. The following OPIS Posting Locations have been established for purposes of this Contract. Contractor’s pricing will be based on the established OPIS Posting Locations identified below. 1. For Fuel No. 2 (0.0015%), No. 2 (0.0015%) B5 and Kerosene, a fixed OPIS Posting Location has been established for each Region. The fixed OPIS Posting Locations are set forth in the table below and in Attachment 1 – Price Pages. Prices posted are Rack prices from March 14, 2013. Region 1 Region 4 Region 6 Region 9 Region 13 Region 15 Region 2 Region 5 Region 7 Region 10 Region 14 Region 16 Region 3 Region 8 Region 11 Region 17 Region 12 2. For Fuel No. 4 (1.5%), No. 6 (0.5%) and No.6 (1.5%) the OPIS Posting Location will be Albany Reseller as listed in the OPIS Oil Price Daily. 3. For Fuel No. 6 (0.3%) B2 and No. 4 (0.15%) B2, the OPIS Posting Location will be NY Barge Reseller as listed in the OPIS Oil Price Daily. 4. For Fuel No. 2 (0.0015%) B2 the OPIS Posting Location will be NY Tank Car Reseller as listed in the OPIS Oil Price Daily. 5. In all cases, the simple average of the low/high prices published will be utilized to calculate adjustments. In case of single listed price, single price will be used for the calculation. Albany, NY $3.1438 $3.1697 $3.5326 Buffalo, NY $3.2208 $3.2429 $3.8505 Long Island, NY $3.2979 $3.3161 $3.5537 Newburgh, NY $3.2233 $3.2452 $3.6463 Syracuse, NY $3.1700 $3.1946 $3.7268 Utica, NY $3.1725 $3.6927 $3.6943 Albany Reseller $3.3762 $2.9457 $3.3492 NY Barge Reseller $3.4345 $3.6060 NY Tank Car Reseller $3.3573

Appears in 25 contracts

Samples: Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement

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