Maximum Billing Rates Sample Clauses

Maximum Billing Rates. An overhead rate in excess of [xx] will require cost allocation plan or other substantial supporting documentation. The profit rate shall not exceed [xx%] or [.xx]. Hourly billing rates shall be calculated as follows: Assigned Employee actual hourly wages x overhead rate + profit rate Example (assuming an overhead rate of 1.50 and a profit rate of .05): Xxxxx Xxxxxx Engineer @ $55 per hour x 1.55 = $85.25 p/h as billable rate. Actual Assigned Employee hourly rate shall be within range of the market/industry rates for the classification assigned. The overhead rate must be substantiated to cover fringe benefits, general and administrative costs as well as normal business operating expenses related to the nature of the business.
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Maximum Billing Rates. The maximum billing rates payable by County for each of Consultant’s employee categories are shown on Exhibit B and further described in Section 5.2.
Sample 1
Maximum Billing Rates. Project No: RFP V2114585P1 Project Title: Construction Engineering and Inspection Services for Countywide Transit Bus Stop Infrastructure Consultant Subconsultant Name: AE Engineering Inc. N/A TITLE MAXIMUM HOURLY RATE ($/HR) X MULTIPLIER = MAXIMUM BILLING RATE ($/HR) Senior Construction inspector $31.45 2.66 $83.66 Construction Inspector $25.50 2.66 $67.83 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Multiplier of 2.66 is calculated as follows: OVERHEAD = HOURLY RATE X OVERHEAD (123.53)% FRINGE = HOURLY RATE X FRINGE (14.57) % OPERATING MARGIN = (HOURLY RATE + OVERHEAD + FRINGE) X OPERATING MARGIN (28.00)% MULTIPLIER = (HOURLY RATE + OVERHEAD + FRINGE + OPERATING MARGIN) / HOURLY RATE = 2.66
Sample 1
Maximum Billing Rates. The maximum billing rates payable by Authority for each of Consultant’s employee categories are shown on Exhibit “B” attached hereto and made a part hereof and further described in Section 4.2.
Sample 1

Related to Maximum Billing Rates

  • Billing Rates The Contractor shall be reimbursed for the services performed by its employees under the terms of this Agreement at the lesser of employee’s billing rate set forth in the Budget or the employee’s billing rate applicable at the time the Work is performed. Such billing rates shall be inclusive of actual Cash-based Expenses in the form of wages paid the employee, fringe benefits, overhead, general and administrative (G&A), and other indirect costs. Contractor hereby warrants and guarantees that the billing rates charged herein are Contractor’s customary billing rates for performance of work of the type described in the Statement of Work attached hereto.

  • Starting Rates Each employee who enters the service of the Company shall normally begin employment at the Start Rate for the appropriate job title, except that appropriate allowance over such starting rate may be made by the Company for an employee who has had previous experience or training considered to be of value. If the Company hires an employee with no prior training or experience at a rate of pay higher than the Start Rate, it shall raise the existing wage rate of all incumbents in that title and Market to match the rate of pay for the newly hired employee effective with the date of hire.

  • Hiring Rates The hiring rates of pay for new employees shall be at the minimum of the appropriate range as outlined in Appendix "A", except where there is agreement between the Employer and the Union to hire above the minimum.

  • Supported wage rates Employees to whom this clause applies shall be paid the applicable percentage of the minimum rate of pay prescribed by this Agreement for the class of work which the person is performing according to the following schedule: Assessed Capacity (Clause 1.3) % of prescribed rate 10%* 10% 20% 20% 30% 30% 40% 40% 50% 50% 60% 60% 70% 70% 80% 80% 90% 90% * (Provided that the minimum amount payable shall be not less than $45 per week). Where a person’s assessed capacity is 10%, they shall receive a high degree of assistance and support.

  • Hourly Wage Rates The Employer shall pay wages to every employee covered by this Agreement at the rates set forth in Schedule "A" hereunto annexed in respect of the various classifications therein contained. Schedule "A" shall be deemed to be contained in, and form a part of this Agreement.

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