Common use of Transport Delivery Clause in Contracts

Transport Delivery. For Transport Delivery bids, the Bidder’s Calculated Markup for each fuel type will be calculated on the Markup Sheet (Attachment J) using the following formula: (TI x 0.54) + (AI x 0.06) + (TR x 0.36) + (AR x 0.04) = Z Where: TI = Initial Term Markup AI = Sum of Initial Term Allowable Charges (“All Delivery Types" and "Transport Delivery Only") TR = Renewal Term Markup AR = Sum of Renewal Term Allowable Charges (“All Delivery Types" and "Transport Delivery Only") Z = Bidder’s Calculated Markup

Appears in 8 contracts

Samples: Bulk Fuel Supply Contract, State Term Contract, State Term Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!