Common use of Vehicle Accountability and Analysis Clause in Contracts

Vehicle Accountability and Analysis. The following formula, as may be amended by the Authority in writing, will determine the Contractor’s overall vehicle accountability, by parking lot, on a monthly basis: (1) Number of vehicles in the license plate inventory on the last day of the preceding month; plus, (2) Number of vehicles entering the parking lot during the month (per the Daily Lane Activity report as adjusted for manual and other entries); less (3) Number of vehicles exiting the parking lot during the month (per the Daily Lane Activity report and adjusted for AVI and manual exits); equals, (4) Projected number of vehicles remaining in the parking lot on the last day of the month (i.e. computed ending inventory); less, (5) The number of vehicles actually in the parking lot on the last day of the month, by the license plate inventory; equals the total unaccounted (or excess) vehicles, (6) Divide the difference by the number of vehicle entrances during the month (per PARCS Monthly Lane Activity Report); equals the unaccounted vehicle percentage, (7) If the unaccounted vehicle percentage exceeds five tenths of a percent (0.5%), the Contractor shall explain in writing, the reason(s) for the variance and the corrective measures to be taken.

Vehicle Accountability and Analysis. The following formula, as may be amended by the Authority in writing, will determine the Contractor’s 's overall vehicle accountability, by parking lot, on a monthly basis: (1) . Number of vehicles in the license plate inventory on the last day of the preceding month; plus, (2) . Number of vehicles entering the parking lot during the month (per as reported by the Daily Lane Activity report PARCS and as adjusted for manual and other entries); less (3) . Number of vehicles exiting the parking lot during the month (per as reported by the Daily Lane Activity report PARCS and as adjusted for AVI and manual exits); equals, (4) . Projected number of vehicles remaining in the parking lot on the last day of the month (i.e. computed ending inventory); less, (5) . The number of vehicles actually in the parking lot on the last day of the month, by the license plate inventory; equals the total unaccounted (or excess) vehicles, (6) . Divide the difference by the number of vehicle entrances during the month (per the PARCS Monthly Lane Activity Reportmonthly reports); equals the unaccounted vehicle percentage, (7) . If the unaccounted vehicle percentage exceeds five tenths of a percent (0.5%), the Contractor shall explain in writing, the reason(s) for the variance and the corrective measures to be taken.