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 school transportation contractors know, the transportation industry is heavily regulated by feder...
Read More >
Many schools continue to resist payments to school bus contractors, with some schools ignoring invoi...
Read More >
On August 28, 2023, the Pennsylvania Department of Transportation (“PennDOT”) implemented FMCSA’s...
Read More >
A new law passed along with this year's state budget on June 22, 2018, adds language to Pennsylv...
Read More >
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the Families First Coronaviru...
Read More >
Many school transportation contractors continue to look for creative ways to retain drivers. Some co...
Read More >