Base Kilometre Charge definition
Base Kilometre Charge or “Kilometre Charge” means the rate of the Kilometre Charge payable by the Authority to the Operator for travel by a Bus up to the Half Yearly Assured Bus Kilometres.
Base Kilometre Charge means the amount that the Service Provider bids to operate 1 km in the base year, not including adjustments.
Base Kilometre Charge or “Kilometre Charge” means the rate of the Kilometre Charge payable by the Authority to the Operator for travel by a Bus up to the Half Yearly Assured Bus Kilometres.10
Examples of Base Kilometre Charge in a sentence
RL = [RL-base] + [RL-base x 0.552 x (F – F-base)/F-base] + [RL-base x 0.5 x (W – W-base)/W-base ] RL is the Kilometre charge for each Lot R-base is the Base Kilometre Charge F is present Price of Fuel/unit F-base is the Base Year Price of Fuel/unit W is the Present Year Wholesale Price Index W-base is the Base Year Wholesale Price Index 51Drafting Note:This is an indicative formula and will depend the type of Bus (Mini, Midi, AC.
More Definitions of Base Kilometre Charge
Base Kilometre Charge means the rate of the Kilometre Charge payable by the Authority to the Operator for travel by a Bus.
Base Kilometre Charge or “Kilometre Charge” means the rate of the Kilometre Charge