Payment for Unutilised Kilometres. In the event that the Authority is unable to demand from the Operator the operations of the Contracted Bus trips such that the average number of kilometres operated per Contracted Bus is not equal to the Assured Bus Kilometres, Authority will pay to the Operator, in addition to the full payments made for Bus km operated based on invoices presented by the Operator, an amount which shall be determined as follows: Assured Payment Amount for Unutilised Kms = 0.50 x (Tm – Ta) x Applicable Kilometre Charge where Tm = Assured Bus Kilometres Ta = Actual Bus Kilometres Operated by the Contracted Bus during the relevant period that has triggered this provision It should be noted that the Assured Payment Amount will not be payable for any short fall in Kilometres of the Fleet that arises due to:
Payment for Unutilised Kilometres. In the event that the Authority is unable to demand from the Operator the operations of the Contracted Bus trips such that the average number of kilometres operated per Contracted Bus is not equal to the Half Yearly Assured Bus Kilometres, Authority will pay to the Operator, in addition to the full payments made for Bus km operated based on invoices presented by the Operator, an amount which shall be determined as follows: Half Yearly Assured Payment Amount for Unutilised Kms = 0.25 x (Tm – Ta) x Applicable Kilometre Charge where Tm = Half Yearly Assured Bus Kilometres x Available fleet Ta = Actual Bus Kilometres Operated by all Contracted Buses comprising the Available Fleet during the relevant period of 6 (Six) calendar months that has triggered this provision It should be noted that the Half Yearly Assured Payment Amount will not be payable for any shortfall in Kilometres of the Fleet that arises due to:
