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
Winter is here and unfortunately, so are the weather related concerns which affect the transportatio...
Read More >
2018 was another busy year for school bus contractors with many significant events and changes. Fol...
Read More >
Social media has become an integral part of daily life for most individuals. As a result, it is seem...
Read More >
Living in a diverse country such as America, we encounter people with many and varying religious pra...
Read More >
After two years of anticipation, the Department of Labor (DOL) published its Final Rule updating the...
Read More >
Many school transportation contractors continue to look for creative ways to retain drivers. Some co...
Read More >