AgdaPkt 2018-03-26 Joint SA PFA - Laserfiche WebLink

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ATTACHMENT K CONTRACTOR’S COMPENSATION AND RATE SETTING PROCESS REV: 03-16-18 MI ATTY/AGR/2018.054/RECOLOGY OF SAN MATEO ATTACHMENT K Page 19 of 24 month statement covering the preceding calendar year. These statements shall be accompanied by a report of the independent Certified Public Accountant stating that it has conducted a review of the statements in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants and that contains the elements described in AICPA Professional Standards, section AR 100. C. Preparation of Management Representation Letter The Application shall include a management representation letter signed by the President of Contractor, which states that: • Management accepts responsibility for the accuracy and completeness of the Application; • The Application is based on the Contractor’s Compensation adjustment procedures described in Article 11, this Attachment K (including Tables 1 and 2), and on the forms approved by the SBWMA; and, • All significant information and supporting documents relevant to the Contractor’s Compensation adjustment process are available for review by SBWMA. D. Calculation of Contractor’s Compensation for the Coming Rate Year The Application shall include a calculation of Contractor’s Compensation for the coming Rate Year (i) in total for the SBWMA Service Area, (ii) in total for each Member Agency, and by Service Sector and Lines of Business specified in Section 4 for each Member Agency. The calculations shall show the adjustments to each cost line item and shall be performed in accordance with the methodology described in Section 4 of this Attachment. For the Application submitted in 2026 for Rate Year Seventeen (2027), Contractor shall include detailed calculations of the vehicle depreciation and interest expense adjustments to be effective for Rate Years Seventeen (2027) through Twenty-Five (2035) that reflect changes for actual vehicle acquisition costs (which were acquired in accordance with the equipment replacement schedule in Attachment N) compared to projected costs presented in Attachment N. In addition to the detailed calculations, Contractor shall provide supporting documentation such as, but not limited to: vehicle specifications, acquisition costs for all vehicles, date vehicles were place into service, and interest rate. E. Supporting Documentation Contractor shall make available to SBWMA and each Member Agency, upon request, supporting documentation and summary reports for all calculations, assumptions, and data used in the calculation of the Contractor’s Compensation for the coming Rate Year. Supporting documents and reports requested may include: • General Ledger • Revenue and Accounts Receivable Ledgers • Collective Bargaining Agreements • Solid Waste Transfer Tickets • Weight tickets for all C&D Materials, Recyclable Materials, Inert Materials, and Organic Materials 6.2.B. - Page 223