AG 2016 12 19 - Laserfiche WebLink

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3. When the Average Commodity Revenue (ACR) is above the Threshold Price, Sonoco will pay 55% of the amount over the Threshold Price to the County for Recovered Materials with no limit. 4. When the ACR is below the Threshold Price, the County will pay Sonoco the difference that ACR is below the Threshold Price for Recovered materials, but at no time will such payment exceed the Maximum Charge. 5. The Threshold Price and Maximum Charge will be adjusted annually, not to exceed 2% for every annual renewal of the Agreement. Pricing For Recyclable Commodities Other Than Curbside Single Stream Recyclable Delivered to Sonoco's Salisbury or Charlotte Plants. Sonoco shall pay the County for the listed recyclables as follows: 1. Payment for Grade 11 Old Corrugated Containers (OCC) will be 100 percent of the High Side for OCC less $20.00 per ton for deliver to either Salisbury or Charlotte plants. 2. Payment for Grade 2 Mixed Paper will be 100 percent of the High Side of Mixed Paper less $20.00 per ton delivered to either the Salisbury or Charlotte plant. 3. Payment for Grade 37 Sorted Office Paper (SOP) will be 40 percent of the high side for SOP delivered to Salisbury plant. 4. Payment for Grade 37 Sorted Office Paper (SOP) will be 100 percent of the High Side of SOP less $20.00 for delivery to the Charlotte plant. 5. Commingled plastics and other materials collected from school or business recycling programs shall be a no pay and no charge delivered at the Salisbury plant. The Sonoco Recycling Difference 1. The County of Cabarrus will have complimentary direct access to our password secure web based pay statement program. 2. The web based program provides real time data for all tonnage data including date delivered, truck numbers, tonnage amount and payment per ton. 3. This data may be exported to Excel for easy sustainability goal tracking and performance communication. Attachment number 1 \n G-5 Page 171