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06May

Fuel Clauses in Transportation Contracts

5/6/2022| Reference Number : 259.114.2| Legal, School Bus, Insurance/Risk Management, Legislative/Regulatory | Contract | | Return|

With the recent surge in the cost of fuel, school bus contractors nationwide have been closely monitoring the price at the pump over the last few months. When negotiating or renewing a transportation contract, fuel is typically a topic of significant dialog between the parties. School transportation contracts will normally specify who pays for fuel, but transportation contractors should also consider adding a fuel clause to address future fuel cost volatility.

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