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
On May 2, 2023, the Department of Transportation (“DOT”) published a final rule permitting the use...
Read More >
On December 5, 2016, the FMCSA published a final rule, which amended the Federal Motor Carrier Safet...
Read More >
In 2022, school districts operated mostly uninterrupted from the coronavirus, and federal and state ...
Read More >
Across the nation there are currently 24 states that have legalized marijuana for medicinal purposes...
Read More >
Whether you are a small or large business owner, an HR professional, or an employee, it is important...
Read More >
Initiatives decided on November 3, 2020 by Arizona, New Jersey, Montana, South Dakota and Mississipp...
Read More >