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23 <br /> 2.5 SPECIAL EVENTS SPONSORSHIP <br /> The Contractor shall sponsor, at no cost to OCSW, three (3) public paper shredding events per <br /> calendar year. The event will provide Orange County residents the opportunity to have their <br /> documents destroyed onsite. The events will take place at a designated location within the County. <br /> Title and ownership of material will pass directly to the Contractor or Contractor's sub-contractor. <br /> Sponsorship shall be provided as a credit on the October invoice each calendar year. <br /> 2.6 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 /> 2.7 INSPECTIONS <br /> OCSW has the right to make periodic inspections of any facility that the Contractor uses to process <br /> material received from the County. <br /> 2.8 REPORTING <br /> The selected Contractor will be required to provide monthly, and annual reports to OCSW of the <br /> total quantities of recyclables accepted and associated processing fees for recyclables and <br /> recycling revenues. <br /> 2.9 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 /> 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, if any. <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 Recycli ngMa rkets.net. <br /> Contamination Handling Fee: The fee to process and dispose of contaminants contained in <br /> inbound deliveries. <br /> 11 <br />