Common use of Parking Costs Paid by the Authority Clause in Contracts

Parking Costs Paid by the Authority. The financial records shall not include nor should the Contractor report other parking-related costs paid directly by the Authority, such as: (1) Maintenance of parking control system (2) Premises utilities (3) Major repairs of the parking Premises (4) Depreciation of Authority owned Operating Equipment and Premises (5) Wages for Authority employees who manage the parking contract (6) Management or Incentive Fees