Examples of Salary Costs in a sentence
The term Salary Costs as used herein shall mean the hourly rate actually paid to all personnel engaged directly on the Project, as adjusted by an overall multiplier which consists of the following: 1) a fringe benefits factor; 2) an overhead factor; and 3) an operating margin.
When requested, Consultant shall provide backup for past and current invoices that records hours and Salary Costs by employee category, Reimbursables by category, and Subconsultant fees on a task basis, so that total hours and costs by task may be determined.
Compensation to Consultant for the performance of Basic Services identified in Exhibit A as payable on a “Maximum Amount Not-To-Exceed” basis, and as otherwise required by this Agreement, shall be based upon the Salary Costs as described in Section 5.2 up to a maximum amount not-to- exceed of $ .
The statement shall show a summary of Salary Costs and Reimbursables with accrual of the total and credits for portions paid previously.
Said Salary Costs are to be used only for time directly attributable to the Project.