For the purpose of this item: EGR Band is the price band between the minimum value and the maximum value specified in the table below. Ex Works Price means the price paid to the material recovery facility operator by a purchaser for processed mixed paper and cardboard as supplied from the facility (ie excluding any costs (eg cost of transport, distribution, operator’s commission or insurance) of supplying the processed mixed paper and cardboard to the purchaser). Quarter means respectively during the Term the periods: 1 January to 31 March; 1 April to 30 June; 1 July to 31 August; and 1 September to 31 December. The parties agree to utilise the following components for the calculation of the EGR: Component Agreed value or reference point Offered Gate Rate (OGR) [insert $OGR as at Commencement Date] Initial paper and cardboard price [insert $IPCP as at the Commencement (IPCP) Date] Initial landfill disposal price (ILP) [insert $ILP as at the Commencement Date] Price of recycled mixed paper and Ex Works Price cardboard Contamination disposal costs Ex Works Price Proportion of incoming tonnes that 55% is mixed paper and cardboard Proportion of incoming tonnes that 12% is contamination Risk shared between Council and 50% to each party the Contractor Minimum value: -$30 per tonne Maximum value: $80 per tonne EGR Band Note: A negative value is a rebate owing to the Council and a positive value is a cost payable by the Council. The Effective Gate Rate is calculated by applying the following formula:
For the purpose of this item: EGR Band is the price band between the minimum value and the maximum value specified in the table below. Ex Works Price means the price paid to the material recovery facility operator by a purchaser for processed mixed paper and cardboard as supplied from the operator’s facility (ie excluding any costs (eg cost of transport, distribution, commission or insurance) of supplying the processed mixed paper and cardboard to the purchaser). Quarter means respectively during the Term the periods: 1 January to 31 March; 1 April to 30 June; 1 July to 31 August; and 1 September to 31 December. The parties agree to utilise the following components for the calculation of the EGR: Component Agreed value or reference point Offered Gate Rate (OGR) [insert $OGR as at Commencement Date] Initial paper and cardboard price (IPCP) [insert $IPCP as at the Commencement Date] Initial landfill disposal price (ILP) [insert $ILP as at the Commencement Date] Price of recycled mixed paper and cardboard Ex Works Price Contamination disposal costs Ex Works Price Proportion of incoming tonnes that is mixed paper and cardboard 55% Proportion of incoming tonnes that is contamination 12% Risk shared between Council and the Contractor 50% to each party EGR Band Minimum value: -$30 per tonne Maximum value: $80 per tonne Note: A negative value is a rebate owing to the Council and a positive value is a cost payable by the Council. The Effective Gate Rate is calculated by applying the following formula: