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
As you may have heard, a proposal has been made by the Department of Justice, Drug Enforcement Admin...
Read More >
The Employee Handbook and Procedure Manual serve two distinct purposes.
The employee handbook is ...
Read More >
Many school bus contractors have called our offices with questions about news articles announcing th...
Read More >
Many school bus contractors house small above-ground fuel tanks on their property. However, not all ...
Read More >
On December 2, 2024, the Federal Motor Carrier Safety Administration (FMCSA) published an extension ...
Read More >
You may have completed your route planning over the summer but now is the best time to review the ro...
Read More >