Story, pt. 2 PFD stung by meltdown Oct 14, 2008
That tax had a windfall escalator clause that raised rates more steeply when prices got above $55 a barrel, said Rep. Les Gara, D-Anchorage. (Anchorage Daily News)
Mets' Delgado could get $4M payoff for big season Sep 13, 2008
ESPN - Delgado's contract includes escalator clause worth $4 million - MLB ... Delgado's contract includes escalator clause worth $4 million - MLB ... Delgado's contract includes escalator clause worth $4 million. (ESPN -- Baseball)
Newly signed Ravens OT Anderson hopes to play Sep 6, 2008
If he triggers that escalator clause, then his total compensation will be $3. 5 million this year. (ESPN -- Football News)
Akridge pays $46.5M for bus garage site Sep 2, 2008
Monument said it had an escalator clause that would have made it the highest bidder. This article is for Paid Print Subscribers ONLY.. (Washington Business Journal, DC)
Township approves new signal tower Aug 30, 2008
Base rent will be $1,000 per month and a 3 percent annual escalator clause has been agreed to, Stabile noted. Rent will not be charged until Shentel begins construction on the tower, set to be located on 100-by-100-foot parcel of land. (Carlisle Sentinel, PA)
Sentinel Morning Update: Fuller lake to undergo safety inspection Aug 28, 2008
But when the township started the road paving it found that the original bid price had soared because of an escalator clause that adjusts the price to reflect the market cost of oil. So it looks like we went about $40,000 over on our $200,000 (paving) budget, Wilson said. (Carlisle Sentinel, PA)
Perkiomen deals with escalating fuel costs Aug 14, 2008
The vote turned out to be 4-1, with Supervisor Gordon MacElhenney in opposition, to put the escalator clause into bid documents ... An escalator clause says that as the price of materials, in this case, liquid asphalt, goes up or down, the bid prices will allow for that fluctuation ... The escalator clause approved by the township states that the escalation can start at zero tons of liquid asphalt, rather than the usual 100 tons. (Doylestown Central Bucks Life, PA)
Student lunch prices to rise at California schools for first time since 2002 Jul 24, 2008
All prices are subject to an "escalator clause.". Interstate Bread was approved as the bread products supplier, with prices at an average of about 60 percent more than last year. (California Democrat, MO)
Lenoir wants owners to pick up after pet Jul 18, 2008
The contract has an escalator clause based on the price of liquid asphalt, which Public Works Director Charles Beck said has reached 600 per ton. Approved budget amendments of 122,000 and 42,000 for the water and general funds, respectively. (Lenoir News Topic, NC)
Jaguars starting to sign draftees Jun 27, 2008
Currently, they are $295,000, $310,000, $325,000 and $340,000 for the next four years, although the last has an escalator clause because Washington won't be eligible to be a restricted free agent that season. Washington also received a signing bonus in the $50,000 range, which makes the deal worth slightly more than $1. (Florida Times-Union)
Pleasant Ridge pinches pennies — paper or plastic? Jun 14, 2008
The second option would be an escalator clause, meaning what the district would pay would more accurately reflect the market price ... Coblentz said the district has chosen the escalator clause instead of the firm bid in the past ... Board members expressed doubt the prices would rise enough this year to make the firm bid cheaper than the escalator clause, but noted that the escalator bid is still a gamble. (Leavenworth Times, KS)
Lexpress raises fees, changes routes May 22, 2008
We have a fuel escalator clause in our contract, said Gail Wagner, Lexington s transportation coordinator. Diesel fuel is very costly. (Lexington Minuteman, MA)
Arena deal signed and sealed Apr 23, 2008
Language in the contracts and an escalator clause in the community improvement district tax will ensure the city will not end up on the wrong side of the deal if the project sours. "We have several reserve accounts and the ability to terminate the contract with Global (Entertainment)," Harlow said, adding the CID tax levied for the area will be a half-cent for 20 years, 5/8 cents for 10 years after that and could possibly escalate to one cent if applicable. (The Examiner)
Notes: Raiders, Falcons CB Hall play let's make a deal Mar 17, 2008
His base salary last year, including an escalator clause, was $3. 11 million. (USA Today -- Sports)
Alabama company leases maintenance hangar at TIA Mar 7, 2008
This is the same rent former tenant US Airways paid, plus the escalator clause. After year three, the lease guarantees a minimum of $407,624 in rent to the airport. (Tampa Bay Business Journal, FL)
Medicaid: Recipients deserve equal treatment Mar 4, 2008
The compromise was a "soft" $500,000 cap with a 15-year inflation escalator clause to take the cap to $1 million in 2017. When the Legislature retooled tort reform in 2004 under Gov. Haley Barbour, the bill put a "hard" cap on pain-and-suffering awards at $1 million in most lawsuits and $500,000 in medical malpractice cases. (The Clarion-Ledger)
Tigers' Pinkel scores with $102,500 performance bonus Dec 10, 2007
This season Pinkel earned $25,000 for winning the Big 12 North division, and an escalator clause ensures his base salary will automatically increase by that much through the remainder of his contract, which runs through 2011. That amount would have been $50,000 had the Tigers won the Big 12 Championship. (St. Louis Business Journal, MO)
Eldorado City Council eases drain on wallets Aug 16, 2007
Under the proposed contract, the automatic escalator clause is removed and any increase will be negotiated annually. Finance Commissioner Jim Morris, who also oversees the Eldorado Water Department, asked for abatement of the automatic cost of living increase on water rates for this year. (Harrisburg Daily Register, IL)
Civic center, hockey team agree to 10-year lease Aug 3, 2007
The agreement includes an escalator clause that will increase the base rent in years 3 through 10, based on the consumer price index. The team will play 32 regular-season home games, with potentially as many as 10 home playoff games and between two and four pre-season home games. (Rapid City Journal, SD)
Closer but still no deal with Brown Aug 2, 2007
The two sides have agreed on the framework of a six-year contract and are discussing the amount of guaranteed money in the deal, as well as how much Brown's salaries will increase under an escalator clause. As the fifth overall pick, Brown is expected to sign a contract worth a maximum of around $42 million to $44 million, with about $18 million of that guaranteed. (AZCentral -- Sports)
Cardinals, Brown make progress Aug 1, 2007
The two sides had previously appeared to be apart on guaranteed money and the value of an escalator clause for playing time. Under the radar. (AZCentral -- Sports)
Sweetened casino deal gains ground Jul 21, 2007
One addition to the new agreement is an escalator clause giving the town a 3. 1 percent annual increase to the payment, or about $217,000 in the second year. (Boston Globe)
(Erik Jacobs for the Boston Globe/file) Jul 21, 2007
The first is an escalator clause giving the town a 3. 1 percent annual increase. (Boston Globe)
Bush pressing hard on immigration bill Jun 3, 2007
"Two hundred thousand is not enough, and then we don't have this escalator clause that we believe we need," Gutierrez said. The secretaries also warned against changes that could upset the delicate balance struck by liberal Democrats and conservative Republicans who reached the deal. (Yahoo News -- Politics)
Area pair sign to four-year deals Jun 1, 2007
Beekman's agent, Cal Robinson, said the former Boston College star received a "typical signing bonus" for a four-year deal with an escalator clause in the final year. "He's happy to be there," Robinson said. (Albany Times Union)
Solly pockets $22m from Colorado May 26, 2007
Mr Lew also stands to bolster the war chest using an "escalator clause" which allows him to profit as Coles's price tag rises beyond $16. 47. (Sydney Morning Herald)
School bus, food pacts OK'd May 17, 2007
In an analysis of the busing contract presented to the School Committee, schools Business Manager Thomas Conlon said that throughout the tenure with Laidlaw, "Pawtucket's daily rates per bus were among the lowest, if not the lowest, in the state. Additionally, in 2005, we negotiated the removal of a fuel escalator clause as well as an excess hours clause," in exchange for dropping penalties for late buses and a reduction in the performance bond to 25 percent ... He also noted that, unlike some... (Pawtucket Times, RI)
Wesfarmers fails to sway big players May 3, 2007
25, with the promise of a sweetener, in the form of an "escalator clause", was the best deal around. The clause offers them the chance for more money if the final bid exceeds their sale price. (Sydney Morning Herald -- Business)
Ravens seeking new deal for Suggs Apr 17, 2007
Suggs triggered a $5 million escalator clause for this season after he recorded his 40th career sack in the 2006 season finale. With an extension, the Ravens would be able to lower his cap number for this season. (SunSpot.net)
Goyder pulls Coles out of a deep hole Apr 4, 2007
For his part, Solly Lew's Premier Investments has negotiated an escalator clause in the sale agreement whereby it will benefit from any increases in the bidding. Premier also has options in place to get a slice of any enhanced price from another party. (Sydney Morning Herald -- Business)
Parting of the way for Lew, Coles Apr 4, 2007
That escalator clause allowing Lew to chase upside in the bid despite having already sold is something worth drinking to. Plenty of gravy. (Sydney Morning Herald -- Business)
Ravens focused on the future Jan 31, 2007
5 million for , $5 million for because of an escalator clause he triggered with his 40th career sack and $2. 6 million for , the Ravens could wind up devoting $21. (BynersInsider.com)
