DTN FastRacks Averages definition

DTN FastRacks Averages means the fuel pricing service provided by the Data Transmission Network, an industry benchmark for pricing Fuel and other commodities. This Contract shall use the daily rack averages as established by the DTN FastRacks Averages. Fuel prices are listed for terminals by regions in reports called PAD Reports. The State of Florida uses terminals listed in the PAD 1 Report (DTN Fastracks). Fuel terminals are more particularly detailed in section 6.08.
DTN FastRacks Averages means the fuel pricing service provided by the Data Transmission Network, an industry benchmark for pricing Fuel and other commodities. This Contract shall use the daily rack averages as established by the DTN FastRacks Averages. Fuel prices are listed for terminals by regions in reports called PAD Reports.

Examples of DTN FastRacks Averages in a sentence

  • The Contractor must subscribe to the DTN FastRacks Averages by calling DTN’s Sales Department at 0-000-000-0000.

  • All Fuel costs will include the DTN FastRacks Averages, the Contractor’s Markup and all applicable taxes and/or petroleum associated fees allowed.

  • The City of Jacksonville Beach and the City of Atlantic Beach intend to purchase gasoline and diesel fuel on an “as needed” basis, based on a fixed factor (cents above or below) the average port price for Jacksonville, Florida as published in the Pad 1 Report of the Oil Price Information Service, 11300 Rockville Pike, Suite 1206, Rockville, Maryland, 20852, Phone (888) 301-2645 or the Pad 1 Report published by the Data Transmission Network (DTN FastRacks Averages).

  • Biodiesel prices will be calculated using the following information: ▪ DTN FastRacks Averages daily price as determined by the closest appropriate terminal for Ultra Low Sulfur no.

  • The amount a Bidder may charge over and above the daily DTN FastRacks Averages, includes all costs associated with providing fuel to the Department’s facilities.

  • Bidder/Contractor must meet the following requirements:  Fuel costs will be determined based on the daily DTN FastRacks Averages from the closest terminal used to service the Village’s facility.

  • Provide basis used to determine fuel costs e.g. DTN FastRacks Averages or other accepted industry stander pricing averages.

  • They would do everything they could to save a person’s life.• 12 October - Lions Club at Laharum.

Related to DTN FastRacks Averages

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