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Proposers must state on the price worksheet what percent of each <br />index/market price will be used for the gross revenue and the <br />proposed processing cost per ton for each commodity. <br />If a revenue sharing component is offered (i.e., greater than zero <br />percent) for any commodity, each month the Contractor shall <br />provide, together with the monthly rebate to the City, adequate <br />documentation of the corresponding monthly estimate of tons of all <br />corresponding commodities collected from the City even in the case <br />where the City were to receive no rebate for the month. Also, the <br />Contractor shall provide copies of the referenced market indexes <br />with each monthly statement. The Proposers shall provide a detailed <br />explanation of how they will calculate the tonnage estimates in <br />conjunction with the required composition analysis in 7.03. <br />Each proposal scenario must contain a percent revenue share offer <br />for all commodities as described immediately above. Proposers may <br />offer from zero percent to 100 percent revenue share. <br />The City or the Contractor may propose other revenue sharing <br />commodities and corresponding proposed pricing formulae, at any <br />time during the duration of the contract. The parties shall enter into <br />negotiations in good faith and any new revenue sharing agreement <br />shall be reduced to writing in the form of an amendment to the <br />contract. <br /> 8.05. Liquidated Damages <br />The Contractor shall agree, in addition to any other remedies <br />available to the City, that the City may withhold payment from the <br />Contractor in the amounts specified below as liquidated damages for <br />failure of the Contractor to fulfill its obligations. <br />The following acts or omissions shall be considered a breach of the <br />Agreement: <br />Missed Curbside Collection <br />a) <br />$50 for each missed collection above two misses per <br />collection day, to be assessed at the end of each collection <br />month. A missed collection would be defined as a report by a <br />resident that their material was out by 7:00 a.m. and the <br />address did not appear on the Contractor's conveyance sheet <br />as a "Late Set Out” and the recyclables were properly sorted. <br />34 <br /> <br />