2025-01-14-minutes-solid-waste-and-maintenance

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e) Adjustment of Fees. The "Base. Rates" i.e., the per Ton fees listed in A through E above apply for the period from commencement of sec ices under this Agreement through the end of the Agreement Term. Fees paid to the Company shall be adjusted up or down ammally on October 1, beginning on October 1. 2021, and each subsequent year utilwng the following formula: AR = BR = (I T (((C:PIr 1 CPlroao) -1) % Z)), where: AR =?adjusted Rate effective October I BR = Base Rate shone in A through E above CPIs. = CPI as of June of the year of adjustment CPIra2e = CPI as of ,Tune ?0?0 2 = percent amount proposed. by Company in its Bid response CPI means the Consumes Price index for Ail Urban Consumers for the West Region (Series CUL`R0400SA0, CUUS4-00SA), for all items; not seasonally adjusted,1982-1984 =100 basis. as ,published from time to time by the United States Department of Labor, Bureau of Labor Statistics, or any other appropriate index as may be mutually: agreed upon by the parties hereto. For example, if BR is $50.00, CPI for June 2021 is 184.3, CPI for Jute 2020 is 177.0, and if Z is 80° o, AR for the year starting October 1, 2021 would be calculated as follows: AR = S50.00 x (1 (((194.3fi77.0) x .80)) = $51.65 Q} Change of Law Cost Increase. All wage increases, benefits or added costs resulting from changes in technology, labor practices, availability of equipment, and other business risks. except for changes in lair, that may affect the performance of this Agreement shall be to the Company's advantage or expense respectively. The term "change in law" means any new or revised law statute, rule., regulation and ordinance enacted by an international. federal, state or local government affecting the transfer, disposal. or transportation of solid waste or other services provided by the Company hereunder, but not affecting or directed to businesses generally, which becomes effective after the execution of this Agreement: Subject to the Couizr's good faith review and approval, the Count} shall pay one hundred percent of the Company's reasonable, actual, substantial increased costs of performing this Agreement when such increased costs are directly attributable to changes in late by the federal, state, or local govemment. To qualify for a substantial increase in costs under this section, Company must demonstrate to the satisfaction of the County that the change in lair has resulted in an increase of more than ten percent over the actual costs incurred b-r• the Company for the some services provided under this Agreement, provided that all such increased costs shall be eligible for adjustment hereunder_ If the Company decides to request an adjustment under this section, the Company sisals fie with the County an adjustment request setting forth the Company's calculation of its increase in cosh and documenting hots the increase qualifies as a substantial increase in costs under this section. The burden of demonstrating that the Company has suffered a substantial increase in costs under this section rests with the Company. The Company shall pro%ide the County ux-ith any and all documentation .and data reasonably necessary to evaluate the request. The County shall act within 45 days of receipt of a properly fled request and may grant, grant in part or deny the request_ which shall not be unreasonably denied.