Truck Factor definition

Truck Factor means, other than that factor to be used until the first Reconciliation Survey has been completed as determined in the Specification 500 — Surveying, in Section “E” – ATTACHMENTS, that value which is calculated by dividing the volume of material in an area (as determined by a Reconciliation Survey) by the Truck Count for the same area and the same period of time;
View Source

Examples of Truck Factor in a sentence

  • On or before the Overburden Removal Commencement Date, the Owner and the Contractor shall determine the Truck Factor to be used until the first Reconciliation Survey has been completed.

  • Thereafter the Truck Factor will be determined by the Owner and the Contractor based on the results of the most recent Reconciliation Survey.

  • In the event the Owner decides, in its discretion, that field surveys are unsafe or impossible to conduct, the number of bank cubic metres of material moved shall be determined by multiplying the Truck Count for that time period by the applicable Truck Factor.

  • The volume of Overburden or other material moved each month shall be calculated by multiplying the Truck Factor for that month by the sum of all the Truck Counts during that month.