All Inclusive Hourly Rates for Additional Titles Sample Clauses

All Inclusive Hourly Rates for Additional Titles. If an additional title(s) of personnel is required for a specific Project, the Commissioner shall establish the following: (1) additional required title(s), (2) minimum requirements per title, and (3) All Inclusive Hourly Rate per title. The All Inclusive Hourly Rate for the additional required title shall be calculated in accordance with the following formula: the Actual Annual Direct Salary Rate per Hour of the individual who will provide the required services, as described below, times the Multiplier for Overhead and Profit set forth in Exhibit A. The Commissioner reserves the right to reject any proposed individual for the title in question if, in his/her determination, the individual’s Actual Annual Direct Salary Rate per Hour is excessive in light of the expertise necessary for the required services.
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