HomeMy WebLinkAboutC21-472 Eighth Amendment Regional Transportation Facility IGADocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5
12/7/2021
DocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5
DocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5
I-70 REGIONAL TRANSPORTATION OPERATIONS FACILITY
EXHIBIT A-7
LEASE PAYMENT CALCULATION
LEASE RATES AND CHARGES
Lease payment calculations consist of Capital, Operations and Maintenance (“O&M”), and Asset Management and will
be charged as a budget neutral operation. Capital and Asset Management charges will remain fixed for the term of the
Agreement. O&M costs will be audited each year and may be subject to change upon written notice by the Town of
Avon no later than June1 of any given year, which adjustment shall take effect no sooner than January 1 of the
succeeding year.
DocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5
DocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5
DocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5
EXHIBIT B-2
AVON FLEET MAINTENANCE SERVICE RATE SHEET
1. Contractor Services and Hourly Rate:
At the verbal or written request of ECO Transit, Avon may provide repair and
replacement work for ECO buses. For any such repair or replacement services,
ECO will pay Avon a unit hourly shop rate of $110.00 per hour for light duty
vehicles and equipment and $120.00 per hour for heavy duty vehicles and
equipment which is the same rate as previous. Materials and sublet work shall
be charged at cost plus twenty-five percent (25%).
2. Fuel Rate:
ECO Transit will pay Avon a unit fuel rate of cost plus $0.15/gallon.
3. Warranty:
Contractor will perform all services in a prompt, efficient and workmanlike
manner. Contractor shall promptly correct any defective work. This warranty
shall be in lieu of all other warranties, express or implied. Contractor's sole
liability hereunder, whether in tort or in contract, is expressly limited to the
warranty provided for herein.
DocuSign Envelope ID: C318D84C-AB40-4E3C-8A04-4909677E85A5