Examples of RPI in a sentence
These fees are increased on a calendar year basis by the rise in the RPI Index over the previous 12 months to the end of November.
The annual review is normally based on a combination of the following:- • an analysis of the previous year’s costs; • the RPI rate of inflation; • average earnings index plus minimum wage rate; • any increase in costs incurred as a result of changes in legislation; and • any other significant increase in specific costs.
The Concessionaire to pay the Town Council the agreed sum as set out aspart of their bid proposal of [£xxxx] per annum payable on the 1st June each year (or quarterly June, September, December and March) to be reviewed each April in line with changes to the RPI and/or changes in service requirements.
Such adjustment shall not exceed the last published RPI percentage change (or current equivalent measure) or 5%, whichever is the lower value.
The daily consultancy rate as specified in Appendix 3 shall be adjusted annually based on the increase in the [Retail Prices Index (as published by the UK Office for National Statistics (“RPI”) or such index that may replace the RPI)] for the most recently published percentage change for the preceding twelve (12) month period, plus [two] percent.