Payment Illustration Sample Clauses

Payment Illustration. An ISA is different from a loan (which has principal and interest payments) or a conventional tuition payment plan (which requires payment in full and may include interest charges). An ISA requires you to pay a fixed percentage of your earned income each month for a fixed period of time. The table below compares illustrative monthly and total ISA payments for different levels of earned income. Annual Earned Income $ 23,000.00 ISA 17.00% income share, Up to 24 monthly payments Monthly Payment Number of Payments Total Payment $65,000 $ 921 24 $22,100 $85,000 $1,204 24 $28,900 $105,000 $1,488 24 $34,500 $125,000 $1,771 20 $34,500 $135,000 $1,913 19 $34,500 • This illustration assumes that you make up to 24 monthly payments tied to gross earned income and that your income is constant. • When you return to school or when your monthly earned income is less than $ 5,000.00 (equivalent to $ 60,000/year), your account will be placed in a deferment status, and you will not make payments for every month your income is below this threshold. • If your cumulative payments reach the Payment Cap, then you will make no further payments, and your account will be closed in good standing. • Since your earnings may change over time, your actual payments may also vary over time, so this illustration may not apply to your specific circumstances. • All payments have been rounded to the nearest dollar. Next Steps & Terms of Acceptance This offer is good until: January 10, 2019
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Payment Illustration. An ISA is different from a loan (which has principal and interest payments) or a conventional tuition payment plan (which requires payment in full and may charge interest). An ISA requires you to pay a fixed percentage of your earned income each month for a fixed period of time. The table below compares illustrative monthly and total ISA payments for different levels of earned income. Annual Earned Income $ 15,730.00 ISA 10.00% income share, 47 monthly payments Monthly Payments Total Payments <$60,000 $0 $0 $ 60,000 $ 500 $ 22,022 $ 80,000 $ 667 $ 22,022 $ 100,000 $ 833 $ 22,022 $ 120,000 $ 1,000 $ 22,022 About this illustration The illustration assumes that you make 47 monthly payments tied to earned income and that your income is fixed. If you return to school or when your monthly earned income is less than $ 5,000.00 (equivalent to $ 60,000/year), your account will be placed in a deferment status, and you will not make payments for every month your income is below this threshold. If your cumulative payments reach the Payment Cap, then you will make no further payments, and your account will be closed in good standing. Your actual payments may be a blend of the payments displayed since your earnings may fluctuate over time. Remember that your earned income will depend on many factors, including your credentials, occupation, industry, and the area of the country in which you work. All payments have been rounded to the nearest dollar.
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Payment Illustration. An ISA is different from a loan (which has principal and interest payments) or a conventional tuition payment plan (which requires payment in full and may charge interest). An ISA requires you to pay a fixed percentage of your earned income each month for a fixed period of time. The table below compares monthly and total ISA payments for different levels of earned income. Annual Earned Income $10,000.00 ISA 3.31% income share, 96-month payment term Monthly Payments Number of Payments Total Payments < $20,000 $ X 0 $ 0 $ 20,000 $ XX XX $ X,XXX $ 40,000 $ XXX XX $ X,XXX $ 60,000 $ XXX XX $ X,XXX $ 80,000 $ XXX XX $ X,XXX $ 100,000 $ XXX XX $ X,XXX About this illustration • The illustration assumes that you make monthly payments tied to earned income over up to XX monthly payments. • When your monthly earned income is less than $1,666.67 (equivalent to $20,000/year), your account will be placed in a deferment status, and you will not be required to make payments. • If your cumulative payments reach the payment cap ($23,100.00), then you make no further payments and your account is closed in good standing. • The payments columns assume that your earnings remain the same over the payment term. Your actual total payments may be a blend of monthly payments since your earnings may fluctuate over time. • Remember that your earned income will depend on many factors, including your occupation, industry, and the area of the country in which you work. All dollar figures have been rounded to the nearest dollar. Next Steps & Terms of Acceptance This offer is good until: August 30, 2019
Sample 1Sample 2
Payment Illustration. An ISA is different from a loan (which has principal and interest payments) or a conventional tuition payment plan (which requires payment in full and may include interest charges). An ISA requires you to pay a fixed percentage of your earned income each month for a fixed period of time. The table below compares illustrative monthly and total ISA payments for different levels of earned income. Annual Earned Income $ 23,000.00 ISA 17.00% income share, Up to 24 monthly payments Monthly Payment Number of Payments Total Payment $ 65,000 $ 921 24 $ 22,100 $ 85,000 $ 1,204 24 $ 28,900 $ 105,000 $ 1,488 24 $ 34,500 $ 125,000 $ 1,771 20 $ 34,500 $ 135,000 $ 1,913 19 $ 34,500 • This illustration assumes that you make up to 24 monthly payments tied to gross earned income and that your income is constant. • When you return to school or when your monthly earned income is less than $ 5,000.00 (equivalent to $ 60,000/year), your account will be placed in a deferment status, and you will not make payments for every month your income is below this threshold. • If your cumulative payments reach the Payment Cap, then you will make no further payments, and your account will be closed in good standing. • Since your earnings may change over time, your actual payments may also vary over time, so this illustration may not apply to your specific circumstances. • All payments have been rounded to the nearest dollar. Final Disclosure Reference Notes When do payments begin? You will begin making payments on the first day of the month following a Grace Period of 3 months after you complete or withdraw from your program. What will you pay under an ISA? • You will pay a percentage of your earned income. • Monthly payment = Income Share × monthly earned income • The total amount you will be required to pay may be more or less than the ISA Amount. It will depend on your future earned income. What documents will you need to provide for us to calculate what you owe? By one month before first due date Pay stub, letter from your employer, self-employment contract, consulting agreement, or other verifiable source (dated within 30 days). This is used to calculate your initial required payments. If you do not provide this documentation or documentation for deferment, we will assume your earned income matches the average full-time income for occupations directly related to your program (determined based on Bureau of the Census and Bureau of Labor Statistics data). By April 30 each year and every...
Sample 1
Payment Illustration. An ISA is different from a loan (which has principal and interest payments) or a conventional tuition payment plan (which requires payment in full and may charge interest). An ISA requires you to pay a fixed percentage of your earned income each month for a fixed period of time. The table below compares illustrative monthly and total ISA payments for different levels of average earned income. Average Annual Earned Income $xx,xxx ISA x.xx% income share, xxx monthly payments Monthly Payments Total Payments < $20,000 $ 0 $ 0 $20,000 $ xx $ x,xxx $40,000 $xxx $xx,xxx $60,000 $xxx $xx,xxx $80,000 $xxx $xx,xxx $100,000 $xxx $xx,xxx About this illustration The illustration assumes that you make monthly payments tied to earned income over 100 months. When your monthly earned income is less than $1,667 (equivalent to $20,000/year), your account will be placed in a deferment status, and you will not be required to make payments. If your cumulative payments reach the payment cap, then you make no further payments and your account is closed in good standing. The payments columns assume that your average earnings remain the same over the payment term. Your actual total payments may be a blend of monthly payments since your earnings may fluctuate over time. Remember that your earned income will depend on many factors, including your occupation, industry, and the area of the country in which you work. All dollar figures have been rounded to the nearest dollar. Next Steps & Terms of Acceptance
Sample 1

Related to Payment Illustration

  • Payment of GST If GST is payable on any supply made by a Party (or any entity through which that Party acts) (Supplier) under or in connection with this Agreement, the recipient will pay to the Supplier an amount equal to the GST payable on the supply.

  • Payment of Wages Wages will be paid weekly by electronic funds transfer (EFT). The employer shall comply with all provisions in relation to the keeping of time and wage records and production of pay slips in accordance with the Industrial Relations Xxx 0000. Each employee is responsible for the accurate and timely completion and provision of time sheets and production records.

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • Reimbursable Expenses; Maximum Total Payment; Invoicing District will make no payment until this Contract is fully executed by the authorized representatives of both parties.

  • Overtime Description Overtime Wage paid at time and one half the regular rate For "A" rated Apprentices (work in excess of 7 hours per day) For "M" rated Apprentices (work in excess of 8 hours per day) (Local #3) ELEVATOR CONSTRUCTOR‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 2) Elevator (Constructor) - First Year Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Rate Per Hour: $26.94 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Rate Per Hour: $28.41 Elevator (Constructor) - Second Year Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 55% of Journeyperson's rate Supplemental Rate Per Hour: $27.35 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 55% of Journeyperson's rate Supplemental Rate Per Hour: $28.84 Elevator (Constructor) - Third Year Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 65% of Journeyperson's rate Supplemental Rate Per Hour: $28.17 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 65% of Journeyperson's rate Supplemental Rate Per Hour: $29.69 Elevator (Constructor) - Fourth Year Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 75% of Journeyperson's rate Supplemental Rate Per Hour: $29.00 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 75% of Journeyperson's rate Supplemental Rate Per Hour: $30.54 (Local #1) ELEVATOR REPAIR & MAINTENANCE‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 2) Elevator Service/Modernization Mechanic (First Year) Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Benefit Per Hour: $26.87 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Benefit Per Hour: $28.34 Elevator Service/Modernization Mechanic (Second Year) Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 55% of Journeyperson's rate Supplemental Benefit Per Hour: $27.27 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 55% of Journeyperson's rate Supplemental Benefit Per Hour: $28.76 Elevator Service/Modernization Mechanic (Third Year) Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 65% of Journeyperson's rate Supplemental Benefit Per Hour: $28.08 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 65% of Journeyperson's rate Supplemental Benefit Per Hour: $29.60 Elevator Service/Modernization Mechanic (Fourth Year) Effective Period: 7/1/2015 - 3/16/2016 Wage Rate Per Hour: 75% of Journeyperson's rate Supplemental Benefit Per Hour: $28.89 Effective Period: 3/17/2016 - 6/30/2016 Wage Rate Per Hour: 75% of Journeyperson's rate Supplemental Benefit Per Hour: $30.43 (Local #1) ENGINEER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 5) Engineer - First Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $23.68 Supplemental Benefit Rate per Hour: $22.55 Engineer - Second Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $29.60 Supplemental Benefit Rate per Hour: $22.55 Engineer - Third Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $32.56 Supplemental Benefit Rate per Hour: $22.55 Engineer - Fourth Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $35.52 Supplemental Benefit Rate per Hour: $22.55 (Local #15) ENGINEER - OPERATING‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 5) Operating Engineer - First Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour 40% of Journeyperson's Rate Supplemental Benefit Per Hour: $20.15 Operating Engineer - Second Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's Rate Supplemental Benefit Per Hour: $20.15 Operating Engineer - Third Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 60% of Journeyperson's Rate Supplemental Benefit Per Hour: $20.15 (Local #14) FLOOR COVERER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 4) Floor Coverer (First Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 40% of Journeyperson's rate Supplemental Rate Per Hour: $31.14 Floor Coverer (Second Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Rate Per Hour: $31.14 Floor Coverer (Third Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 65% of Journeyperson's rate Supplemental Rate Per Hour: $31.14 Floor Coverer (Fourth Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 80% of Journeyperson's rate Supplemental Rate Per Hour: $31.14 (Carpenters District Council) XXXXXXX‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Xxxxxxx (First Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 40% of Journeyperson's rate Supplemental Rate Per Hour: $13.64 Effective 11/1/2015 - Supplemental Rate Per Hour: $13.79 Xxxxxxx (Second Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Rate Per Hour: $22.97 Effective 11/1/2015 - Supplemental Rate Per Hour: $23.13 Xxxxxxx (Third Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 60% of Journeyperson's rate Supplemental Rate Per Hour: $25.87 Effective 11/1/2015 - Supplemental Rate Per Hour: $26.03 Xxxxxxx (Fourth Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 80% of Journeyperson's rate Supplemental Rate Per Hour: $31.04 Effective 11/1/2015 - Supplemental Rate Per Hour: $31.29 (Local #1281) HEAT & FROST INSULATOR‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 4) Heat & Frost Insulator (First Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 40% of Journeyperson's rate Heat & Frost Insulator (Second Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 60% of Journeyperson's rate Heat & Frost Insulator (Third Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 70% of Journeyperson's rate Heat & Frost Insulator (Fourth Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 80% of Journeyperson's rate (Local #12) HOUSE WRECKER‌ (TOTAL DEMOLITION) (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) House Wrecker - First Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $21.17 Supplemental Benefit Rate per Hour: $17.33 House Wrecker - Second Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $22.32 Supplemental Benefit Rate per Hour: $17.33 House Wrecker - Third Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $23.97 Supplemental Benefit Rate per Hour: $17.33 House Wrecker - Fourth Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $26.53 Supplemental Benefit Rate per Hour: $17.33 (Xxxxx Tenders District Council) IRON WORKER - ORNAMENTAL‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 4) Iron Worker (Ornamental) - 1st Ten Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Rate Per Hour: $36.50 Iron Worker (Ornamental) - 11 -16 Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 55% of Journeyperson's rate Supplemental Rate Per Hour: $37.62 Iron Worker (Ornamental) - 17 - 22 Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 60% of Journeyperson's rate Supplemental Rate Per Hour: $38.73 Iron Worker (Ornamental) - 23 - 28 Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 70% of Journeyperson's rate Supplemental Rate Per Hour: $40.97 Iron Worker (Ornamental) - 29 - 36 Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 80% of Journeyperson's rate Supplemental Rate Per Hour: $43.20 (Local #580) IRON WORKER - STRUCTURAL‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 6) Iron Worker (Structural) - 1st Six Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $25.48 Supplemental Benefit Rate per Hour: $46.83 Iron Worker (Structural) - 7- 18 Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $26.08 Supplemental Benefit Rate per Hour: $46.83 Iron Worker (Structural) - 19 - 36 months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $26.68 Supplemental Benefit Rate per Hour: $46.83 (Local #40 and #361) LABORER (FOUNDATION, CONCRETE, EXCAVATING, STREET PIPE LAYER & COMMON)‌ (Ratio Apprentice to Journeyperson: 1 to 1, 1 to 3) Laborer (Foundation, Concrete, Excavating, Street Pipe Layer & Common) - First 1000 hours Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 50% of Journeyperson's rate Supplemental Rate Per Hour: $36.53 Laborer (Foundation, Concrete, Excavating, Street Pipe Layer & Common) - Second 1000 hours Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 60% of Journeyperson's rate Supplemental Rate Per Hour: $36.53 Laborer (Foundation, Concrete, Excavating, Street Pipe Layer & Common) - Third 1000 hours Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 75% of Journeyperson's rate Supplemental Rate Per Hour: $36.53 Laborer (Foundation, Concrete, Excavating, Street Pipe Layer & Common) - Fourth 1000 hours Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 90% of Journeyperson's rate Supplemental Rate Per Hour: $36.53 (Local #731) MARBLE MECHANICS‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 4) Cutters & Setters - First 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 50% of Journeyperson's rate NO BENEFITS PAID DURING THE FIRST TWO MONTHS (PROBATIONARY PERIOD) Cutters & Setters - Second 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 55% of Journeyperson's rate Cutters & Setters - Third 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 65% of Journeyperson's rate Cutters & Setters - Fourth 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 75% of Journeyperson's rate Cutters & Setters - Fifth 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 85% of Journeyperson's rate Cutters & Setters - Sixth 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 95% of Journeyperson's rate Polishers & Finishers - First 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 50% of Journeyperson's rate NO BENEFITS PAID DURING THE FIRST TWO MONTHS (PROBATIONARY PERIOD) Polishers & Finishers - Second 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 60% of Journeyperson's rate Polishers & Finishers - Third 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 75% of Journeyperson's rate Polishers & Finishers - Fourth 750 Hours Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 90% of Journeyperson's rate (Local #7) XXXXX TENDER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Xxxxx Xxxxxx - First Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $21.39 Supplemental Benefit Rate per Hour: $18.44 Xxxxx Xxxxxx - Second Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $22.54 Supplemental Benefit Rate per Hour: $18.44 Xxxxx Xxxxxx - Third Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $24.29 Supplemental Benefit Rate per Hour: $18.49 Xxxxx Xxxxxx - Fourth Year Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $26.95 Supplemental Benefit Rate per Hour: $18.49 (Local #79) METALLIC LATHER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Metallic Lather (First Year -Called Prior to 6/29/11) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $29.41 Supplemental Benefit Rate per Hour: $22.89 Metallic Lather (Second Year - Called Prior to 6/29/11) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $34.01 Supplemental Benefit Rate per Hour: $24.54 Metallic Lather (Third Year - Called Prior to 6/29/11) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $39.07 Supplemental Benefit Rate per Hour: $25.69 Metallic Lather (First Year -Called On Or After 6/29/11) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $23.01 Supplemental Benefit Rate per Hour: $17.95 Metallic Lather (Second Year - Called On Or After 6/29/11) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $28.11 Supplemental Benefit Rate per Hour: $17.95 Metallic Lather (Third Year - Called On Or After 6/29/11) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $33.21 Supplemental Benefit Rate per Hour: $17.95 (Local #46) MILLWRIGHT‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 4) Xxxxxxxxxx (First Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $27.23 Supplemental Benefit Rate per Hour: $34.06 Xxxxxxxxxx (Second Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $32.18 Supplemental Benefit Rate per Hour: $37.62 Xxxxxxxxxx (Third Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $37.13 Supplemental Benefit Rate per Hour: $41.83 Xxxxxxxxxx (Fourth Year) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $47.03 Supplemental Benefit Rate per Hour: $48.31 (Local #740) PAVER AND ROADBUILDER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Paver and Roadbuilder - First Year (Minimum 1000 hours) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $27.05 Supplemental Benefit Rate per Hour: $17.12 Paver and Roadbuilder - Second Year (Minimum 1000 hours) Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $28.69 Supplemental Benefit Rate per Hour: $17.12 (Local #1010) PAINTER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Painter - Brush & Roller - First Year Effective Period: 7/1/2015 - 10/31/2015 Wage Rate per Hour: $15.80 Supplemental Benefit Rate per Hour: $11.88 Effective Period: 11/1/2015 - 6/30/2016 Wage Rate per Hour: $16.40 Supplemental Benefit Rate per Hour: $12.13 Painter - Brush & Roller - Second Year Effective Period: 7/1/2015 - 10/31/2015 Wage Rate per Hour: $19.75 Supplemental Benefit Rate per Hour: $15.73 Effective Period: 11/1/2015 - 6/30/2016 Wage Rate per Hour: $20.50 Supplemental Benefit Rate per Hour: $15.98 Painter - Brush & Roller - Third Year Effective Period: 7/1/2015 - 10/31/2015 Wage Rate per Hour: $23.70 Supplemental Benefit Rate per Hour: $18.64 Effective Period: 11/1/2015 - 6/30/2016 Wage Rate per Hour: $24.60 Supplemental Benefit Rate per Hour: $18.89 Painter - Brush & Roller - Fourth Year Effective Period: 7/1/2015 - 10/31/2015 Wage Rate per Hour: $31.60 Supplemental Benefit Rate per Hour: $24.02 Effective Period: 11/1/2015 - 6/30/2016 Wage Rate per Hour: $32.80 Supplemental Benefit Rate per Hour: $24.27 (District Council of Painters) PAINTER - STRUCTURAL STEEL‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Painters - Structural Steel (First Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 40% of Journeyperson's rate Painters - Structural Steel (Second Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 60% of Journeyperson's rate Painters - Structural Steel (Third Year) Effective Period: 7/1/2015 - 6/30/2016 Wage and Supplemental Rate Per Hour: 80% of Journeyperson's rate (Local #806) PLASTERER‌ (Ratio of Apprentice to Journeyperson: 1 to 1, 1 to 3) Plasterer - First Year: 1st Six Months Effective Period: 7/1/2015 - 6/30/2016 Wage Rate Per Hour: 40% of Journeyperson's rate Supplemental Rate Per Hour: $15.76

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR District shall pay Contractor as described in attached Exhibit A

  • INVOICE PAYMENT 3.1. The CUSTOMER shall pay all valid invoices submitted by the CONTRACTOR in accordance with the provisions of this Schedule in accordance with the provisions of Clause 5 of this Contract.

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • Initial Breakdown and Periodical Payments Each Application for Payment shall be submitted at least ten days before each payment falls due, and the Contractor shall, before the first application, shall submit to the Design Professional a Schedule of Values of the various parts of the work, including quantities, aggregating the total sum of the Contract, divided in the same manner set forth in the Application for Payment Form set forth in Section 7 showing the Contractor’s right to the payment claimed and so arranged and so itemized as to meet the approval of the Design Professional and, further, if requested, supported by such evidence as to its correctness as the Design Professional may direct.

  • REPORT ON CONTRACT SALES ACTIVITY AND ADMINISTRATIVE FEE PAYMENT A. CONTRACT SALES ACTIVITY REPORT. Each calendar quarter, Supplier must provide a contract sales activity report (Report) to the Sourcewell Supplier Development Administrator assigned to this Contract. Reports are due no later than 45 days after the end of each calendar quarter. A Report must be provided regardless of the number or amount of sales during that quarter (i.e., if there are no sales, Supplier must submit a report indicating no sales were made). The Report must contain the following fields: • Participating Entity Name (e.g., City of Staples Highway Department); • Participating Entity Physical Street Address; • Participating Entity City; • Participating Entity State/Province; • Participating Entity Zip/Postal Code; • Participating Entity Contact Name; • Participating Entity Contact Email Address; • Participating Entity Contact Telephone Number; • Sourcewell Assigned Entity/Participating Entity Number; • Item Purchased Description; • Item Purchased Price; • Sourcewell Administrative Fee Applied; and • Date Purchase was invoiced/sale was recognized as revenue by Supplier.

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