Common use of Cost Sharing Agreement Clause in Contracts

Cost Sharing Agreement. The Operating budget costs associated with the Itasca County Public Service Radio System (hereinafter “the System”), as more specifically described in Section 12 below, would be shared as follows: Life expectancy of units by Agency: Law Enforcement Agencies: Portables: 10 year life/120 months Mobiles: 10 year life/120 months Fire and EMS Agencies: Portables: 15 year life/180 months Mobiles: 15 year life/180 months Portables: 10 years life/120 months 115% Cost Amortization Mobiles: 15 years life/180 months 115% Cost Amortization 100% Cost of Product 5% Inflation dollars over life of product 2% New Radio Additions (New Staff Positions within Agencies.) 3% Unknown Factors (Radio’s Lost etc.)

Appears in 2 contracts

Sources: Subscriber Agreement, Non Member of Icrb Communications System Subscriber Agreement