Laserfiche WebLink
C. MATERIALS AND SUPPLIES — The Assisting Utility shall be reimbursed <br />for all materials and supplies furnished by it and used or damaged during <br />the Period of Assistance, unless such damage is caused by negligence of <br />the Assisting Utility's personnel. The measure of reimbursement shall be <br />the replacement cost of the materials and supplies used or damaged, plus <br />ten (10) percent of such cost. In the alternative, the parties may agree <br />that the Damaged Utility will replace, with a like kind and quality as <br />determined by the Assisting Utility, the materials and supplies used or <br />damaged. <br />D. PAYMENT — Unless mutually agreed otherwise, the Assisting Utility <br />should bill the requesting utility for all expenses not later than ninety (90) <br />days following the Period of Assistance. The requesting utility shall pay <br />the bill in full not later than forty-five (45) days following the billing date. <br />Unpaid bills shall become delinquent upon the forty-fifth (45th) day <br />following the billing date, and once delinquent shall accrue interest at the <br />rate of prime plus two percent (2%) per annum as reported by the Wall <br />Street Journal. <br />E. DISPUTED BILLINGS — Those undisputed portions of a billing should be <br />paid under this payment plan. Only the disputed portions should be sent <br />to arbitration under Article VI. <br />ARTICLE V. INSURANCE <br />Each Participating Utility shall bear the risk of its own actions, as it does <br />with its day-to-day operations, and determine for itself what kinds of insurance, <br />and in what amounts, it should carry. Nothing herein shall act or be construed as <br />a waiver of any sovereign immunity or other exemption or limitation on liability <br />that a Participating Utility may enjoy. <br />