Common use of Rate Setting Process Clause in Contracts

Rate Setting Process. The City has adopted Rates to take effect on the Commencement Date. Rates are included as Exhibit F. The City shall be responsible for establishing future Rates as described in this Article. Contractor shall provide the services required by this Agreement, charging only those Rates then in effect until Rates are adjusted by the City pursuant to Exhibits I-1 and I-2. If at any time during the Term of the Agreement, the Contractor determines the need for a Rate that does not appear on the City-approved Rate schedule, Contractor shall immediately notify the City and request establishment of such Rate. For example, if a Customer requires Collection of a three-cubic-yard Compactor Bin five (5) times per week and the City-approved Rate schedule does not include this level of service, the Contractor must request that the City approve a Rate for this level of service. Contractor must also request City approval of any Rates, fees or surcharges not listed in the Rate schedule. Contractor shall not charge Customers any Rate unless and until they are itemized on the City-approved Rate schedule. The City shall have the sole and exclusive right to change the relationship of individual Rates in comparison with other Rates as it deems appropriate. Any such changes would occur in conjunction with the annual Rate adjustment process described in Exhibits I-1 and I-2.