Examples of Year 5 in a sentence
If the average index in Year 10 is equal to or below the average index in Year 5, the ceiling rates will remain unchanged.
For example, if the BLS ECI index was 2.23% at time of proposal submission and the BLS ECI index is 3.16% in Year 5 of OASIS SB, the ceiling rates for years 6 through 15 will be adjusted by 0.93% per year on a cumulative basis.
In Year 5 of OASIS SB, if the average annual ECI for the previous three years is higher than at time of OASIS SB award, the ceiling rates for Years 6 through 15 will be adjusted by the difference of percentage increase.
If BLS ECI index in Year 5 of OASIS SB is equal to or below the BLS ECI index at time of award, the ceiling rates will remain unchanged.
In Year 5 of OASIS, if the average annual ECI for the previous three years is higher than at time of OASIS award, the ceiling rates for Years 6 through 15 will be adjusted by the difference of percentage increase.