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Waste Management Contract Updates Infrastructure Committee June 10, 2015

Infrastructure Committee Presentation:Waste Management Contract Update

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Page 1: Infrastructure Committee Presentation:Waste Management Contract Update

Waste Management Contract Updates

Infrastructure CommitteeJune 10, 2015

Page 2: Infrastructure Committee Presentation:Waste Management Contract Update

Consumer Price IndexIncrease of 0.51%*$0.07/month for residential

*The adjustments shall reflect the change in the CPI index for all urban consumers within the Los Angeles-Anaheim-Riverside Metropolitan Area

Page 3: Infrastructure Committee Presentation:Waste Management Contract Update

Pass ThroughRiverside County’s tipping fee Increase of 0.30%$0.04/month for residential

Page 4: Infrastructure Committee Presentation:Waste Management Contract Update

Overall Rate AdjustmentsService Type   Existing   Proposed   Difference

 RESIDENTIAL SERVICE

3-Cart Refuse/Recycling Service

  $20.21   $20.32   $0.11

 COMMERCIAL SERVICE

Commercial Refuse(3-Yard Bin)

  $117.08   $117.74   $0.66

Commercial Refuse(6-Yard Bin)

  $210.36   $211.56   $1.20

*Effective July 1st

Page 5: Infrastructure Committee Presentation:Waste Management Contract Update

Future Rate Adjustments5-year inflationary adjustments based on: Changes in the CPI; and Changes in disposal costs

Waste Management would provide 30 days’ notice