Schedule of Future Adjustments. Beginning with the Rate Year starting December 1, 2024 and ending on November 30, 2025 and for all subsequent Rate Years, the Maximum Service Rates shown in Exhibit 1 shall be adjusted as described in this Article. The Contractor shall submit rate adjustment calculations in writing directly to the County staff or via certified mail, on or before August 1, 2025 and each succeeding Rate Year, and shall be based on the method of adjustment described in this Article. All future adjustments will become effective December 1st of each year.
Schedule of Future Adjustments. Beginning with the Compensation Year beginning July 1, 2015 and for all subsequent Compensation Years, Hauler may request an annual adjustment to the Hauler Compensation for all compensation categories shown in Exhibit “C” (including Basic Services and Extended Services), as adjusted in accordance with this Section 3.3. Transfer Station Operating payments are adjusted annually per the Transfer Station Operating Agreement attached as Exhibit F. Hauler shall submit its request in writing, to be received by the City in person or via certified mail, at least ninety (90) calendar days prior to the start of the new Compensation Year based on the method of adjustment described in Section
Schedule of Future Adjustments. Beginning with the Rate Year starting July 1, 2018 2022 and ending on June 30, 2019 and for all subsequent Rate Years, the maximum rates shown in Exhibit 1 may be adjusted upon request as described in this Section 9. The Collector shall submit its request in writing directly to City staff or via certified mail, on or before the March 15 prior to the July 1 when the rate change will take effect, 2018 and each succeeding year. Failure to submit a written request by March 15th of each year shall result in Collector waiving the right to request such an increase for the subsequent Rate Year. Missed rate adjustments may not be added to rate adjustment applications in ensuing years. The rates shall decrease automatically in accordance with Section 9 if either the disposal gate fee or the Consumer Price Index decreases. Rate adjustment calculations shall be separately performed for Residential Cart rates (Exhibit 2A), Commercial Bin and Cart rates (Exhibit 2B), Roll-off Box and Temporary Service rates (2C), and Other Service rates.
Schedule of Future Adjustments. Beginning with the Rate Year starting July 1, 2020 and ending on June 30, 2021 and for all subsequent Rate Years, the Maximum Service Rates shown in Exhibit 1 may be adjusted upon request as described in this Article. The CONTRACTOR shall submit its request in writing directly to the CITY staff or via certified mail, on or before March 1, 2020 and each succeeding Rate Year, and shall be based on the method of adjustment described in this Article. All future adjustments will become effective July 1. Failure to submit a written request by March 1st of each Rate Year shall result in the CONTRACTOR waiving the right to request such an increase for the subsequent Rate Year. Missed rate adjustments may not be added to rate adjustment applications in ensuing Rate Years. Notwithstanding CONTRACTOR’s failure to submit a timely rate adjustment request, the CITY may approve a decrease in Service Rates for any Rate Year if the rate adjustment calculation described in this Article would result in a rate decrease.
Schedule of Future Adjustments. Residential Service rates shall not exceed those set forth in the attached initial Approved Rate Schedule until September 5, 2024. Thereafter, Company may seek rate adjustments using the procedure described in Section 5.4. Beginning with the Rate Year commencing on September 5, 2024 for Commercial Services and Residential Services, and for all subsequent Rate Years, Company may request an annual adjustment to the rates shown in the Approved Rate Schedule, based on the method of adjustment described in Section 5.4. Company shall submit its request in writing, to be received by City, via personal delivery or certified mail, at least 90 days prior to the start of the new Rate Year. Failure to submit a written request at least 90 days prior to the start of the new Rate Year shall result in Company waiving the right to request such an increase for the subsequent year. City may, at its discretion, decrease the rates in accordance with Section 5.4 in the event that the rate adjustment formula produces a decline. If any rates would decline based upon Section 5.4 calculations and a rate decrease is not implemented, the subsequent rate adjustment shall be based upon the average changes in indices since the previous rate adjustment instead of the average change over the prior year.
Schedule of Future Adjustments
