Common use of Direct Salary Expense Clause in Contracts

Direct Salary Expense. Direct Salary Expense (“DSE”) is defined as the actual salaries of the Architect’s personnel directly engaged on the Project, expressed on an hourly wage basis prior to deductions for employment taxes and employee-paid benefits. DSE shall not included the costs of mandatory and customary employer provided contributions and employee benefits, overhead expenses or profit relating to the Project. Any multiplier applied to the DSE shall be for the purpose of covering all employer provided contributions and employee benefits, overhead expenses, and profits. Prior to commencing Architect’s Services, Architect shall identify all personnel who will be assigned to the Project along with their titles and DSE hourly wage.

Appears in 3 contracts

Samples: Architect Agreement, Architect Agreement, Architect Agreement

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Direct Salary Expense. Direct Salary Expense (“DSE”) is defined as the actual salaries of the ArchitectPSP’s personnel directly engaged on the Project, expressed on an hourly wage basis prior to deductions for employment taxes and employee-paid benefits. DSE shall not included the costs of mandatory and customary employer provided contributions and employee benefits, overhead expenses or profit relating to the Project. Any multiplier applied to the DSE shall be for the purpose of covering all employer provided contributions and employee benefits, overhead expenses, and profits. Prior to commencing ArchitectPSP’s Services, Architect PSP shall identify all personnel who will be assigned to the Project along with their titles and DSE hourly wage.

Appears in 1 contract

Samples: Professional Services

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