AMS BILLING 1 | Page 10

ü� AMS receives copies of property uMlity bills issued by local municipaliMes ü� UMlity charges are assigned to each apartment based on ü� Actual usage via submeters RaMo
UMlity Billings ( RUBS )
ü� For a submetered property , charges are assigned to each unit based on actual usage ü� Itemized statements reflecMng current charges , past due amounts , and any payments made during the period ü� Bills are displayed accurately and in accordance with each states regulatory compliance
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AMS appliesa mathemaMcal formula to the property bill to allocate the charges to each individual unit This formula can include a combinaMon of the following variables : ü� Occupancy ü� Number of bathrooms ü� Square Footage
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