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
The Federal Motor Carrier Safety Administration (FMCSA) maintains strigent requirements for drug and...
Read More >
The increased presence of drugs and alcohol has become a common topic of discussion, not only in the...
Read More >
When business owners begin thinking about selling their company, one of the first questions they ask...
Read More >
The National Labor Relations Board (NLRB) issued a memorandum in March 2015 addressing lawful and un...
Read More >
Many states have recently consid-ered or have passed laws about advertising on school buses. While m...
Read More >
Understanding fuel costs, taxes, and exemptions is an important part of business planning for school...
Read More >