Common use of SALARY and BILLING RATE SCHEDULES Clause in Contracts

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 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 Section H – Rate Revisions. The DSR approved rates on file at Agency (including any approved revisions for Consultant and any approved subconsultants) will apply for WOC estimating and invoicing purposes. The Direct Salary Rate Schedule (“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 Negotiated Billing Rate Schedule (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 Direct Non-Labor Rate Schedule (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 shallshall submit, and shall cause all of its subconsultants to submit 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 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 approved for use under the PA 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 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 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).