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DocuSign Envelope ID: BF09ME9-7297-41B22-8360-A1 E6C073ECAF <br /> The Contractor will provide monthly invoices to OCSW. The Contractor's invoices will show the <br /> detailed calculation of the Fee/Rebate formula, with current, accurate values, documenting the fee <br /> owed or rebate due. <br /> The invoice shall explicitly list the following elements for single stream recyclables: <br /> • Current month average market values (AMV) <br /> • Revenue Share <br /> • Processing Fee <br /> • Contamination Handling Fee <br /> The invoice value for single stream recyclables shall be calculated by the following formula: <br /> (Processing Fee)/Rebate per Ton = (Revenue Share %x AMV) - Processing Fee. <br /> Average Market Value or"AMV" means the aggregate value of the bundle of Single Stream <br /> Recyclables, source separated OCC, or source separated Bulky Rigid Plastics according to the <br /> market index used to determine the revenue paid by the Contractor to OCSW. <br /> For purposes of the Agreement, the index used will be the Southeast USA regional average <br /> commodity prices (U.S. Dollars per Ton), which can be found in RecyclingMarkets.net. <br /> Contamination Handling Fee: The fee to process and dispose of contaminants contained in inbound <br /> deliveries. <br /> Processing Fee means the dollar($) amount per ton charged on all recyclables delivered by OCSW to <br /> the Contractor. <br /> Rebate means the amount of money owed by the Contractor to OCSW if the payment formula finds <br /> the value of the revenue share exceeds the processing fee and contamination handling fee. <br /> Revenue Share means the percentage of AMV to be reimbursed to OCSW. <br /> OCC means Old Corrugated Cardboard, grade PS 11 baled, F.O.B. seller's dock <br /> Fee Calculation Example with Glass <br /> Note: The AMV Calculation tables on the following page are used for estimation purposes only. <br /> Processing Fee: A Processing Fee of dollars ($ ) per <br /> ton shall be charged on 100% of the inbound tonnage delivered. <br /> Revenue Share: Vendor shall pay Orange County Solid Waste <br /> percent ( %) of the amount of the AMV remaining after deducting Processing Fees,for each Ton <br /> of inbound Program Recyclables delivered during that month. The Revenue Share shall be fixed for <br /> the life of the contract. <br /> Contractor's Response: Please note this calculation is for proposal evaluation purposes only. Actual <br /> fees charged or revenue paid to Orange County Solid Waste shall be based on the inbound tonnage <br /> delivered by Orange County to the selected facility, and is subject to fluctuation in market values. <br /> 11 of 21 <br /> RFP No. 5259 <br />