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A stipulation contained in a union contract stating that wages will be raised or lowered, based upon an external standard such as...
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WASHINGTON -- American Farm Bureau Federation (AFBF) delegates are asking Congress to extend the provisions of the 2002 farm bill with an emphasis on ...
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...Escalator Clause. An escalator clause increases the amount o...
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... contract contains a "governmental price escalator clause," which provides that if any governmental a...
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With threats from roads, stables, arenas, shopping centers, hospitals, schools, parking lots and more, virtually no city in the country has protected every acre of its parkland against some form of alternative development. Yes, an obscure nine-acre parcel of parkland has been leased to a local hospital for construction of a new building, but the hospital agreed to pay Forest Park $2 million per year (with an escalator clause)- and the city agreed to create 6 new acres of parkland nearby when a highway interchange is moved.
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... initial rates and provide some kind of escalator clause which will permit rates for the association...
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During the past few days, the negative message has been fine-tuned so that it is framed in terms of the interests the millions of New Yorkers who depend on the subway and bus systems on a daily basis," said [Roger Toussaint] in an e-mail to the AmNews. "This is demagogy." Toussaint found himself bewildered by what he called MTA propaganda.
"In July, MTA insiders, notably former Chair Peter Kalikow, attacked the impending award for ending the escalator clause on health benefit contributions," said Toussaint. "According to Kalikow, the MTA had found the solution to rising benefit costs and this clause was it. Without this clause, the MTA would go the way of General Motors.
"The mayor [Michael Bloomberg] makes out the entire award to be so rich as to cause the MTA financial hardship," sai...
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Calgon Carbon Corp. of Robinson said Monday the Massachusetts Water Resources Authority of Boston has selected it to provide an ultraviolet disinfection system for a water treatment plant in Marlboro, Mass.
The contract is valued at $2.3 million, but it has an escalator clause because the equipment will not be purchased from Calgon Carbon for a few years, said Rhea Convery, a water authority spokeswoman.
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The Platteville School Board recently approved a five-year contract renewal with Faherty Inc. to provide bus transportation service.
The increase in cost from the just-completed school year to the 2006-07 school year will be almost 7 percent, or a little more than $27,000. Fuel costs for Faherty increased 21 percent during the previous year. There is no escalator clause in the agreement. Although the contract is for five years, the rates are negotiated on an annual basis.