Other Rate Adjustments Subject to Council Approval Sample Clauses

Other Rate Adjustments Subject to Council Approval. In addition to the above, the Contractor may petition the City for additional rate adjustments at reasonable times based on increases in cost of operations, caused by factors, such as revised laws, ordinances, regulations, and for other similar reasons. The Contractor’s petition will specifically identify the reasons for the requested adjustment, and its impact upon the Contractor’s cost of operations, in unit terms, with an explanation of the methodology used to calculate such impact. The City may request additional information it considers necessary to evaluate the requested adjustment. The City may grant such adjustments through amendments to the Agreement.
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