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• Average market price during that month paid by <br /> Contractor's designated customer. <br /> H. Each plastic: PET, HDPE-natural, HDPE-colored.shall be: <br /> • Market price paid by Contractor's designated customer. =' <br /> 6.2.2 Processing fees <br /> The processing fee for all paper grades shall be $60.00 per ton, <br /> which includes materials A, B, C, and D in section 6.2.1. <br /> The processing fee for all Aluminum, Glass, Steel, and Plastic _ <br /> materials shall be $90.00 per ton, which includes materials E, F, G, <br /> and H in section 6.2.1. <br /> There shall be no processing fee for residual materials. <br /> 6.2.3 Revenue and processing fee formula <br /> Revenue will be calculated by multiplying the tons of individual <br /> material collected by the agreed upon material price as described in <br /> section 6.2.1. Total Revenue will be calculated by adding all of the <br /> revenue generated for each of the materials collected and <br /> processed. Contractor shall guarantee a minimum price on all <br /> materials of$0.00 per ton. If a particular material price is negative, <br /> a price of$0.00 per ton shall.be used.. Processing fees, as <br /> described in Section 6.2.2, shall apply to materials with prices of <br /> less than $0.00 per ton. <br /> Processing fees will be calculated by multiplying the tons of <br /> individual material collected by the agreed upon processing fee for <br /> each material type as described in section 6.2.2. Total Processing <br /> Fees will be calculated by adding all of the processing fees <br /> generated for each of the materials collected and processed. <br /> Revenue share received by the City will be calculated by <br /> subtracting the Total Processing Fees from the Total Revenues. If <br /> the remainder is positive, that number represents the revenue that <br /> shall be split between the City and the Contractor 50/50. If the <br /> remainder is negative, that number represents the amount of <br /> processing fees not covered by that month's revenue and will be <br /> paid in full by the City. <br /> 6.2.4 Price reporting <br /> The contractor shall provide copies of the OBM Market index with <br /> each monthly statement for materials A, B, and C in section 6.2.1. <br /> 3 <br />