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
School Bus Contractors are well aware of the issues of diesel emissions and carbon footprints left b...
Read More >
“Hold Harmless”, “Defend”, “Indemnify” … what does it all really mean? This article explains ...
Read More >
Many bus contractors in the last several months have been receiving faxes from what looks to be the ...
Read More >
When creating and operating a business, owners must decide how they want their business to be struct...
Read More >
As we are quickly approaching the one-year anniversary of the introduction of Covid-19 in the United...
Read More >
Typically, school transportation is provided to school districts, charter schools, and other non-pub...
Read More >