Common use of Calculation of Cost Clause in Contracts

Calculation of Cost. The cost of Services provided to EEI will be calculated, based on individual projects or jobs, according to the following guidelines: A. Labor Labor costs billed for Services provided include salaries and related direct labor costs for employees. 1. Direct Labor Direct labor costs will be based on actual gross wage rates of employees assigned to perform services multiplied by the actual number of hours actually worked. These direct labor hours will be recorded on time reports.

Calculation of Cost. The cost of Services provided to EEI will be calculated, based on individual projects or jobs, according to the following guidelines: A. Labor Labor costs billed for Services provided include salaries and related direct labor costs for employees. 1. Direct Labor Direct labor costs will be based on actual gross wage rates of employees assigned to perform services multiplied by the actual number of hours actually worked. These direct labor hours will be recorded on time reports.. EXHIBIT A