Common use of Allocation of RSI Reimbursement Funding Clause in Contracts

Allocation of RSI Reimbursement Funding. The amount of RSI reimbursement funds disbursed by the California Community College Chancellor’s Office for each PROGRAM SPONSOR is determined by multiplying the current RSI hourly rate (established in the Budget Act for that year, see California Education Code §79149.3), by the number of confirmed RSI hours completed by PROGRAM SPONSOR’s apprentices in the previous semester (see §2.3.1, above). The total RSI reimbursement funds allocated for the Program shall be apportioned between the DISTRICT and the PROGRAM SPONSOR as follows: eighty-three percent (83%) of the reimbursement funds will be paid by the DISTRICT to the PROGRAM SPONSOR and seventeen percent (17%) of the reimbursement funds will be retained by the DISTRICT to cover administrative costs (“ADMINISTRATIVE FEES”).

Allocation of RSI Reimbursement Funding. The amount of RSI reimbursement funds disbursed by the California Community College Chancellor’s Office for each PROGRAM SPONSOR is determined by multiplying the current RSI hourly rate (established in the Budget Act for that year, see California Education Code §79149.3), by the number of confirmed RSI hours completed by PROGRAM SPONSOR’s apprentices in the previous semester (see §2.3.1, above). The total RSI reimbursement funds allocated for the Program shall be apportioned between the DISTRICT and the PROGRAM SPONSOR as follows: eighty-three five percent (8385%) of the reimbursement funds will be paid by the DISTRICT to the PROGRAM SPONSOR and seventeen fifteen percent (1715%) of the reimbursement funds will be retained by the DISTRICT to cover administrative costs (“ADMINISTRATIVE FEES”).

Allocation of RSI Reimbursement Funding. The amount of RSI reimbursement funds disbursed by the California Community College Chancellor’s 's Office for each PROGRAM SPONSOR is determined by multiplying the current RSI hourly rate (established in the Budget Act for that year, see California Education Code §79149.3), by the number of confirmed RSI hours completed by PROGRAM SPONSOR’s 's apprentices in the previous semester (see §2.3.12.3. l, above). The total RSI RS[ reimbursement funds allocated for the Program shall be apportioned between the DISTRICT and the PROGRAM SPONSOR as follows: eighty-three five percent (8385%) of the reimbursement funds will be paid by the DISTRICT to the PROGRAM SPONSOR and seventeen fifteen percent (1715%) of the reimbursement funds will be retained by the DISTRICT DISTR[CT to cover administrative costs (“"ADMINISTRATIVE FEES”").