Common use of Recyclable Material Clause in Contracts

Recyclable Material. Prices Each month the Contractor shall calculate the revenue share for all commodities. Those calculations shall be included as part of the Contractor’s report to the City. Contractor shall use the following indices in determining the prices of the recyclable materials: A. Paper grades including newsprint and inserts, magazines, catalogs, and mixed mail shall be:  The Official Board Markets (OBM) Yellow Sheet, Chicago region for Old Newspapers (ONP) # 8, high side of range. B. Old Corrugated Cardboard shall be:  The Official Board Markets (OBM) Yellow Sheet, Chicago region for OCC #11, high side of range. C. Old Boxboard shall be:  The Official Board Markets (OBM) Yellow Sheet, Chicago region for Mixed Paper #1, high side of range. D. Telephone books and Wet Strength Cardboard shall be: E. Aluminum shall be:  Average market price during that month paid by Contractor’s designated customer. F. Each: clear glass, brown glass, green/blue glass: and mixed glass shall be:  The aggregate market price paid by Anchor Glass Corporation’s Shakopee, Minnesota plant, and/or the Market price paid or charged by end market, averaged based on the facility percentage composition of each type of glass in the stream as reflected in the annual composition study, less shipping costs to transport materials to market. G. Steel shall be:  Average market price during that month paid by Contractor’s designated customer. H. Each plastic: PET, HDPE‐natural, HDPE‐colored shall be:

Appears in 1 contract

Sources: Recycling Services Agreement

Recyclable Material. Prices Each month the Contractor shall calculate the revenue share for all commodities. Those calculations shall be included as part of the Contractor’s report to the City. Contractor shall use the following indices in determining the prices of the recyclable materials: A. Paper grades including newsprint and inserts, magazines, catalogs, and mixed mail shall be: The Official Board Markets (OBM) Yellow Sheet, Chicago region for Old Newspapers (ONP) # 8, high side of range. B. Old Corrugated Cardboard shall be: The Official Board Markets (OBM) Yellow Sheet, Chicago region for OCC #11, high side of range. C. Old Boxboard shall be: The Official Board Markets (OBM) Yellow Sheet, Chicago region for Mixed Paper #1, high side of range. D. Telephone books and Wet Strength Cardboard shall be:: • Market price paid by Contractor’s designated customer. E. Aluminum shall be: Average market price during that month paid by Contractor’s designated customer. F. Each: clear glass, brown glass, green/blue glass: and mixed glass shall be: The aggregate market price paid by Anchor Glass Corporation’s Shakopee, Minnesota plant, and/or the Market price paid or charged by end market, averaged based on the facility percentage composition of each type of glass in the stream as reflected in the annual composition study, less shipping costs to transport materials to market. G. Steel shall be: Average market price during that month paid by Contractor’s designated customer. H. Each plastic: PET, HDPE‐natural, HDPE‐colored shall be:: • Market price paid by Contractor’s designated customer.

Appears in 1 contract

Sources: Recycling Services Agreement