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NOTICE OF RATE CHANGE: PSA will Invest $70 Million for Infrastructure Improvements in 2016 The Pittsburgh Water and Sewer Authority (PSA) will invest $70 million dollars in 2016 for infrastructure improvements,
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Point by point guide on how to fill out rate change:

01
Gather necessary information: Before starting the rate change process, collect all the relevant information required for making the change. This may include the current rate, the desired rate, and any supporting documentation such as contracts or agreements.
02
Identify the reason for the rate change: Determine the motive behind the rate change. It could be due to market fluctuations, increased costs, additional services provided, or changes in demand. Understanding the reason will help justify the change if needed.
03
Review any contracts or agreements: If there are existing contracts or agreements in place, review them to ensure that making a rate change is permissible. Pay attention to any clauses or terms regarding rate adjustments, termination, or notice periods.
04
Communicate with stakeholders: It is essential to communicate the rate change to all relevant parties involved. This may include clients, customers, suppliers, or any individuals affected by the change. Provide clear and concise communication, explaining the rationale behind the rate change and any details they need to be aware of.
05
Update necessary documentation: Update any documentation, such as rate sheets, price lists, or invoices, to reflect the new rate. Ensure that all affected parties are made aware of the updated documents to avoid any confusion or discrepancies.

Who needs rate change?

01
Businesses offering products or services: Companies that provide products or services may require a rate change to stay competitive, adapt to market conditions, or reflect changes in their cost structure.
02
Freelancers or independent professionals: Individuals working independently may need to adjust their rates to align with market demand, account for changes in expenses, or reflect their value proposition.
03
Service providers impacted by external factors: Industries affected by external factors such as inflation, changes in regulations, or fluctuations in market conditions may need to implement rate changes to maintain profitability.
Remember, before making any rate change, it is important to assess its potential impact on both your business and your customers. Transparency and effective communication throughout the process are crucial to ensure understanding and maintain relationships.
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Rate change refers to any adjustment made to the existing rates of a product or service.
Any organization or individual that has authority to set rates for products or services is required to file rate change.
Rate change can be filled out by submitting the necessary forms and documentation to the relevant regulatory agency.
The purpose of rate change is to reflect changes in costs, market conditions, or other factors that impact pricing.
Rate change must include details such as the old and new rates, effective date of the change, and reasons for the adjustment.
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