Carrier Failure Rate

Carrier Failure Rate. The percentage (carried to two decimal places) of scheduled deliveries of fuel to Retailer Operated locations which are not delivered as scheduled, determined on a quarterly basis The initial Carrier Failure Rate to be used is [*]. A new Carrier Failure Rate shall be determined within ten (10) days after the end of each calendar quarter based on Retailer's records of the previous three Supply Periods. The new Carrier Failure Rate shall be calculated based on the actual average number of... scheduled deliveries that were not delivered as a result of carrier failure (excluding local or regional supply outages), adjusted for any non-recurring, unusual situations (e.g., a carrier with unusually high failure rate that has been replaced). The new Carrier Failure Rate will be established by the mutual agreement of Retailer and Supplier acting in good faith. View More