OUT OF HOURS PENALTY RATES as described in the Transport Industry - Concrete Haulage Contract Determination Clause 3 Sample Clauses

OUT OF HOURS PENALTY RATES as described in the Transport Industry - Concrete Haulage Contract Determination Clause 3. 7. (Except where specifically excluded in Clause 4.1 (a) (iii) herein. READYMIX HOLDINGS PTY LIMITED COUNTRY CONCRETE CARRIERS AGREEMENT SCHEDULE D Example only Determination of Utilisation Level Paid metres available for the period (V) = 150000 Base fleet of trucks (T) = 131 Working days in the quarter (W) = 67.2 UNAVAILABLE DAYS Annual leave 60 RDO 15 Vehicle breakdown 20 Bereavement 0 Special approved leave 10 Unauthorised leave 10 Failure to report 15 TOTAL DAYS 140 Formula : U = V / ( T - R ) , where R = S / W Therefore U = 150000 / ( 131 - R ) where R = 140 / 67.2 = 2.08 = 150000 / ( 131 - 2.8 ) = 1163.5 m3 per truck for the quarter CSR LIMITED, T/A CSR READYMIX COUNTRY CONCRETE CARRIERS AGREEMENT SCHEDULE E SAFETY NET CALCULATION - EXAMPLE OF APPLICATION Quarter Cumulative Supplement Quarter Actual G’Feed (Shortfall) Actual G’feed (Shortfall) Qrtrly Cumul Earnings Earnings Surplus Earnings Earnings Surplus Suppmnt Suppmnt 1 17000 15000 2000 17000 15000 2000 0 0 2 17000 15000 2000 34000 30000 4000 0 0 3 14000 15000 -1000 48000 45000 3000 -1000 -1000 4 12000 15000 -3000 60000 60000 0 -3000 -4000 5 14000 15000 -1000 74000 75000 -1000 -1000 -5000 6 16000 15000 1000 90000 90000 0 1000 -4000 7 19000 15000 4000 109000 105000 4000 4000 0 8 19000 15000 4000 128000 120000 8000 0 0 9 17000 15000 2000 145000 135000 10000 0 0 10 15000 15000 0 160000 150000 10000 0 0 11 13000 15000 -2000 173000 165000 8000 -2000 -2000 12 11000 15000 -4000 184000 180000 4000 -4000 -6000 13 10000 15000 -5000 194000 195000 -1000 -5000 -11000 14 13000 15000 -2000 207000 210000 -3000 -2000 -13000 15 15000 15000 0 222000 225000 -3000 0 -13000 16 17000 15000 2000 239000 240000 -1000 2000 -11000 17 19000 15000 4000 258000 255000 3000 4000 -7000 18 18000 15000 3000 276000 270000 6000 3000 -4000 19 17500 15000 2500 293500 285000 8500 2500 -1500 20 17500 15000 2500 311000 300000 11000 1500 0 For this example it has been assumed that the safety net is $60,000 per annum for the entire duration of the contract READYMIX HOLDINGS PTY LIMITED COUNTRY CONCRETE CARRIERS AGREEMENT SCHEDULE F INSURANCE SPECIFICATION :
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Related to OUT OF HOURS PENALTY RATES as described in the Transport Industry - Concrete Haulage Contract Determination Clause 3

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