SALARY and BILLING RATE SCHEDULES. Consultant shall, and shall cause all of its subconsultants to submit electronically to Agency the applicable forms described below, which are available at the above referenced Internet address. Approval of any rate revisions under this PA shall be in conformance with this Exhibit B, Part 1, section H – Rate Revisions. The DSR includes the name, classification and actual direct salary rate as approved by Agency, for each employee that may be used under the PA. The DSR is required for firms that calculate an overhead rate and will be used to develop the Escalated Salary Rate Schedule for the PA. The DSR will not be included in the PA but will be retained by Agency. The NBR may be required by Agency for Consultants or sub-contractors that do not have a cognizant or acceptable independent audit for overhead rates (or do not calculate overhead as part of their normal accounting practice) and Agency determines it is in the best interest of the state to negotiate specific billing rates. Instead of calculating a billing rate using a formula that applies overhead, profit, and FCCM to the direct salary rate; negotiated rate maximums that include profit, overhead and any cost of living or merit raises are set forth in the NBR. The billing rates invoiced under a WOC must be within the maximum rates per the classifications listed in the NBR and no greater than the lowest rates charged to other public or private clients. The DNL is an optional form used to list actual costs of reimbursable items that are not included in the firm’s overhead rate (or that are properly applied as a credit in overhead calculation).
SALARY and BILLING RATE SCHEDULES. Consultant shall, and shall cause all of its subconsultants to submit electronically to Agency the applicable rate schedules described below. Direct Salary Rate Schedule - includes the name, classification and actual direct salary rate as approved for each employee that may be used under the Contract. This schedule is required for firms that calculate an overhead rate. This schedule will not be included in the Contract but will be retained by Agency. Negotiated Billing Rate Schedule - may be required for Consultants or subconsultants that do not have a cognizant or acceptable independent audit for overhead rates (or do not calculate overhead as part of their normal accounting practice) and Agency determines it is in the public’s best interest to negotiate specific billing rates. Instead of calculating a billing rate using a formula that applies overhead, profit, and FCCM to the direct salary rate, this schedule lists negotiated rates that are fully inclusive of profit, overhead and any cost of living or merit raises. The billing rates invoiced under the Contract must not exceed the rates per classifications listed in the schedule and may be no greater than the lowest rates charged to other public or private clients. ODC Schedule - is an optional schedule used to list actual costs of reimbursable items that are not included in the firm’s overhead rate (or that are properly applied as a credit in overhead calculation). Approved rate schedules for Consultant and its approved subconsultants/subcontractors are not physically attached but are on file electronically with Agency. The approved rate schedules are incorporated herein by reference and shall apply for cost estimating and invoicing purposes with the same force and effect as though fully set forth herein. Consultant may obtain copies of currently approved rate schedules on file with Agency by emailing a request to Agency’s Contract Administrator for this Contract.
