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
The 2013 Hours of Service Federal Regulations have been making a buzz in the school bus industry rec...
Read More >
Despite the Pennsylvania Medical Marijuana Act (the “PMMA”), being passed over five (5) years ago,...
Read More >
Many bus contractors in the last several months have been receiving faxes from what looks to be the ...
Read More >
As kickoff to the 2021-2022 school year is right around the corner, there are a number of lingering ...
Read More >
After December 1, 2017, school bus contractors with 20 or more employees will be required to report ...
Read More >
As Small Business Saturday approaches, the spotlight turns to the heart of our communities – the lo...
Read More >