Common use of Form of Compensation Clause in Contracts

Form of Compensation. ☒ City-Initiated Tow and Storage Rates. For the completion of each Deliverable of the Required Services, as identified in section 2.B., above, Contractor/Service Provider shall charge the vehicle’s owner/agent the fixed fee associated with each Deliverable, in the amounts set forth below: 2022 Chula Vista City-Initiated Tow and Storage Rates Service Rate Basic Tow 1 $235.00 Medium Tow 2 $272.00 Heavy Tow 3 $323.00 Mileage None Dolly Charge None Labor Rate (if exceeding one hour of service) $65.00/hour Basic Storage Rate 4 $62.00/24-hour period Medium Storage Rate 5 $71.00/24-hour period Heavy Storage Rate 6 $76.00/24-hour period Evening Release (after 5:00 pm & Holidays) $65.00 1 Basic Tow Rate is average of CHP's Class A tow rates 2 Medium Tow Rate is average of CHP's Class B tow rates 3 Heavy Tow Rate is average of CHP's Class C tow rates 4 Basic Storage Rate is average of CHP's Class A storage rates 5 Medium Storage Rate is average of CHP's Class B storage rates 6 Heavy Storage Rate is average of CHP's Class C storage rates ☒ Tow License Fee. For performance of the Required Services by Contractor/Service Provider as identified in Section 2.B., above, Contractor/Service Provider shall pay the City the fixed fee, in the amounts as indicated below: 2022 ANNUAL TOW LICENSE FEE APPORTIONMENT NUMBER OF CONTRACTORS TOW LICENSE FEE PER CONTRACTOR TOW LICENSE FEE TOTAL 1 $152,177.00 $152,177 2 $76,088.50 3 $50,725.67 4 $38,044.25 5 $30,435.40 6 $25,362.83 7 $21,739.57 The City intends to enter into agreements for tow and impound services with all qualified firms who meet the City’s requirements. If one or more of the service providers are terminated/withdraw from service for any reason, the Tow License Fee for the remaining contractors will be adjusted per the schedule above.

Appears in 7 contracts

Samples: Service Provider Services Agreement, Service Provider Services Agreement, Service Provider Services Agreement

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