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
Polaris Industries will pay $55,000 after penalizing a pregnant employee for medically necessary abs...
Read More >
As the end of the year approaches, there are several legal considerations and tasks that businesses ...
Read More >
With a New Year often come changes and challenges in running your business. One such new challenge f...
Read More >
As school transportation contractors know, the transportation industry is heavily regulated by feder...
Read More >
In January 2021, the United States Congress passed the 2021 National Defense Authorization Act ...
Read More >
Hiring good and reliable employees is a big challenge – good inter-view, good qualifications, clean...
Read More >