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11 <br /> <br />2.7 MEASUREMENT – SCALES <br />The Contractor must have calibrated truck scales to record the weight of all delivered loads. The <br />facility shall have a process to accurately record the weight and time of all deliveries so that <br />material quantities can be accurately weighed and accounted for in reporting and in calculating <br />recycling revenues. <br />2.8 INSPECTIONS <br />OCSW has the right to make periodic inspections of any facility that the Contractor uses to <br />process material received from the County. <br />2.9 REPORTING <br />The selected Contractor will be required to provide monthly, quarterly and annual reports to OCSW <br />of the total quantities of recyclables accepted and associated processing fees for recyclables and <br />recycling revenues. <br />2.10 INVOICING / RECYCLING REVENUES <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 <br />fee owed or rebate due. <br /> <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 /> <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 /> <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 /> <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 /> <br />Contamination Handling Fee: The fee to process and dispose of contaminants contained in <br />inbound deliveries. <br /> <br />Processing Fee means the dollar ($) amount per ton charged on all recyclables delivered by OCSW <br />to the Contractor. <br /> <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 /> <br />OCC means Old Corrugated Cardboard, grade PS 11 baled, F.O.B. seller’s dock <br />DocuSign Envelope ID: B04ECF89-C776-496E-B171-26200EC380B9