15May
Legal Focus on Contracts - Fuel Clauses
A fuel clause is language in a contract which allows the contractor and the district to share the risk of steep increases or decreases in fuel prices. The fuel clause is typically put into place for diesel fuel and gasoline, however, if your vehicles are using alternative fuels such as propane or electric, you may also want to consider a fuel clause for these fuels. Most fuel clauses address the risk of rising fuel costs. But, recent history has seen both increases and decreases in fuel costs. This article will discuss the things you should consider when dealing with fuel clauses in your contracts.
Contact Us to read the Full Article.
Related
Richard Kelly, Esq., Matthew Jandrisavitz, Esq., and Brian Hill, Esq. will present "Legal Updat...
Read More >
While a school bus operation can be audited by many regulatory agencies in regards to their employee...
Read More >
Over the years, people nationwide have become more aware of the negative health and environmental ef...
Read More >
As a school bus contractor, ensuring that your drivers meet all federal and state safety regulations...
Read More >
On December 2, 2024, the Federal Motor Carrier Safety Administration (FMCSA) published an extension ...
Read More >
The end of the school year for students means the beginning of the summer charters season for school...
Read More >