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11 <br /> <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 /> <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 /> <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 /> <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 />Docusign Envelope ID: 3C46D4D9-4262-4835-B314-9FEB472CCC00