Orange County NC Website
<br /> <br />EXHIBIT R-1 <br />PRICING <br /> <br />SINGLE STREAM RECYCLABLES <br />(a) The value of the single stream recyclables meeting the Specifications shall be eighty -five percent (85%) of the Actual Outbound Value, <br />minus the Processing Fee. “Actual Outbound Value” means average price paid to or charged to the processing facility during th e month <br />of delivery of the recyclables less any freight, customs charges, duties, or other charges paid to third parties for the sale of such <br />Recyclables. It shall be conclusively presumed that the composition of the Recyclables delivered to the Provider shall be identical to the <br />composition of all single stream recyclables processed by Provider at the processing facility used, as established from time to time by <br />Provider. Notwithstanding the foregoing, Provider may perform a composition study of the Recyclables to determine the percentage of <br />each commodity in County’s Recyclables and may revise the amount payable or chargeable to County to reflect the actual composition <br />of County’s Recyclables. County acknowledges that the value of the Recyclables may be negative. <br />(b) The initial Processing Fee is $100.25 per ton. <br /> <br />OLD CORRUGATED CONTAINERS <br />The value of the loose old corrugated containers meeting the Specifications shall be PPW for OCC#11 minus thirty dollars ($30.00) per <br />ton. “PPW” means the higher of the two Domestic prices for the Southeast Region published by RISI PPI Pulp and Paper Week, first <br />edition of the month, retroactive to the first of the month. If RISI Pulp and Paper Week is no longer reflective of prevailing market <br />conditions or if an alternative publication more accurately reflects such market conditions, then Provider may propose to use any such <br />alternative publication(s) or alternate method to determine the price for wastepaper. The other party’s consent, which shall not be <br />unreasonably withheld, to the use of such alternate publication or method shall be required. County acknowledges that the value of the <br />Recyclables may be negative <br /> <br /> <br />CHARGES <br />In the event Recyclables contain more than the allowable Non -Recyclables, Provider shall charge and County shall pay an Excess <br />Contamination Fee for the percentage above the allowable Non -Recyclables. The initial Excess Contamination Fee is one hundred <br />fifty-five dollars ($155.00) per ton. <br /> <br />The Provider has the right to adjust the Processing Fee and Excess Contamination Fee in accordance with increases in the applicable <br />CPI as calculated below on the anniversary of the Effective Date (“Anniversary Date”). Such CPI adjustments shall be effective on such <br />Anniversary Date and shall be recalculated and effective each Anniversary Date thereafter. The increases to the fees shall be based on <br />the percentage increase in the CPI for the twelve (12) month period ending one month prior to the Anniversary Date. “CPI” me ans the <br />Consumer Price Index-All Urban Consumers (CPI-U), Water, Sewer, and Trash Collection (WST), (Not Seasonally Adjusted, 12-month <br />rolling average) as published by the United States Department of Labor, Bureau of Labor Statistics (1982-1984=100). In the event this <br />CPI is no longer viable or no longer reflective of consumer prices in County’s geographic region, another consumer pricing index or <br />method of adjustment may be used as a replacement for the CPI, subject to the mutual agreement of the parties. Failure by Provider to <br />submit such CPI price adjustment shall not preclude the retroactive implementation of such adjustment as of the Anniversary Date. <br />Notwithstanding the foregoing, no annual increase shall exceed 4.0%. <br /> <br /> <br />Docusign Envelope ID: 3C46D4D9-4262-4835-B314-9FEB472CCC00