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