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
When creating and operating a business, owners must decide how they want their business to be struct...
Read More >
2018 will see the effects of many laws and regulations that that were passed in the last year. Foll...
Read More >
On May 12, 2016 OSHA published a final rule on reporting workplace injuries and illnesses that affec...
Read More >
Overtime compliance can be difficult to track especially if your employees do not have a typical 9 t...
Read More >
Rich Kelly joined Representative Brian Fitzpatrick at the Krapf Bus Palisades School District garage...
Read More >
School bus contractors frequently have questions about the use of tax free “red dyed” diesel fuel ...
Read More >