Fuel surcharge

Iron Mountain applies a monthly adjusted fuel surcharge to customer invoices. Adjustments to the fuel surcharge are effective from the first of each month and updated on this web page approximately two weeks prior to the effective date.

The fuel surcharge is indexed to the consumer price in Egyptian Pound of diesel fuel inclusive of duties and taxes. Within Egypt this is reviewed and published by the Egyptian Fuel Automatic Pricing Committee which can be accessed here.

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What the fuel surcharge applies to

The fuel surcharge applies to transportation charges (Trip Charges) on all services. For a complete list of items included in the fuel surcharge calculation, please refer to the following table: click here to view the eligible trip charge bill codes.

Current Fuel Surcharge

2024

Fuel Surcharge rate table

Fuel surcharge percentages and thresholds are subject to change without prior notice. In addition, if the diesel fuel price fluctuates beyond the parameters set out above, the table will be updated.

What you will see on your bill

We adjust fuel surcharges monthly—up or down—as fuel prices change. Changes are applied at the end of each month and are reflected on the invoice as a separate line item.

There will be a two month lag in the application of the index. For example, the monthly average price for the diesel price in January is used to determine the applicable surcharge for March. This is due to the release dates of the spot pricing data.

Examples:

1. Assume that your contracted trip charge is EGP 200.00 and the monthly average diesel per litre price is EGP 7.25. Your fuel surcharges rate would be 12.00%. In Egyptian pounds, that would be EGP 200.00 per trip X 12.00% = EGP 24.00 per trip surcharge.
2. If the monthly average Diesel price decreased to EGP 6.00/litre for a measurement month, the surcharge would decrease to 10.50%. In Egyptian pounds, would be EGP 200.00 per trip X 10.50% = EGP 21.00 per trip surcharge
3. Conversely, if the monthly average Diesel price increased to EGP 8.00/litre for a measurement month, the surcharge would increase to 12.50%. In Egyptian pounds, would be EGP 200.00 per trip X 12.50% = EGP 25.00 per trip surcharge.