Individual Contractor. An individual contractor, for purposes of the OPS, is an individual staff team member proposed by Proposer who is compensated by Proposer under an hourly contract pay rate instead of an hourly base payroll labor rate. An Individual contractor must be listed as a separate line item in the OPS. The Individual contractor’s name, entity, and hourly pay rate shall be listed, and the hourly pay rate extended to a billing rate with a 1.00 OPR pass-through. The Individual contractor’s hourly pay rate must be verifiable by an executed written contract with the Proposer. Markup on an Individual contractor is limited to 5% of the Individual contractor’s proposed billed cost. Provision of Individual contractors for proposed services under the Agreement shall not exceed 3% of the proposal Total Actual Labor Cost. If Proposer’s individual contractor is later replaced or substituted after the Agreement is executed, the billing rate of any new individual contractor must not exceed the billing rate proposed in the OPS for the position. If the individual contractor is replaced or substituted with a Prime or subcontractor employee at an hourly payroll rate, the firm OPR applied to the replacement individual’s hourly payroll rate must not exceed the proposal EOPR.
Individual Contractor. An Individual Contractor for purposes of the OPS is an individual staff team member proposed by Proposer who is compensated by Proposer under an hourly contract pay rate instead of an hourly base payroll labor rate. An Individual Contractor must be listed as a separate line item in the OPS. The Individual Contractor’s name, entity, and hourly pay rate shall be listed, and the hourly pay rate extended to a billing rate with a 1.00 Overhead and Profit Rate pass-through. The Individual Contractor’s hourly pay rate must be verifiable by an executed written contract with the Proposer. Markup on an Individual Contractor is limited to 5% of the Individual Contractor’s proposed billed cost. The Proposer's markup for an Individual Contractor must be captured in the subconsultant markup box at the bottom of the OPS. Provision of Individual Contractors for proposed services under the Agreement shall not exceed 3% of the Proposal Total Actual Labor Cost. If Proposer's Individual Contractor is later replaced or substituted after the Contract is executed, the billing rate of any new Individual Contractor must not exceed the billing rate proposed in the OPS for the position. If the Individual Contractor is replaced or substituted with a Prime or Subconsultant employee at an hourly payroll rate, the firm Overhead and Profit Rate applied to the replacement individual's hourly payroll rate must not exceed the Proposal EOPR.
Individual Contractor. Manager Consultant Regional Hub Regional Bureau for Latin America and the Caribbean United Nations Development Programme Signature: Signature: Date: Date: UNITED NATIONS DEVELOPMENT PROGRAMME GENERAL CONDITIONS OF CONTRACTS FOR THE SERVICES OF INDIVIDUAL CONTRACTORS
