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 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.

SALARY and BILLING RATE SCHEDULES. Consultant shallshall submit, and shall cause all of its subconsultants to submit submit, electronically to Agency the applicable rate schedules forms described below, which are available at the above referenced Internet address. Direct Salary Rate Schedule - The DSR includes the name, classification and actual direct salary rate as approved by Agency, for each employee that may be used under the Contract. This schedule The DSR is required for firms that calculate an overhead raterate and will be used to develop the Escalated Salary Rate Schedule for the Contract. This schedule The DSR will not be included in the Contract but will be retained by Agency. Negotiated Billing Rate Schedule - The NBR may be required by Agency 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 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, this schedule lists ; negotiated rates rate maximums that are fully inclusive of include profit, overhead and any cost of living or merit raisesraises are set forth in the NBR. The billing rates invoiced under the Contract must not exceed be within the maximum rates per the classifications listed in the schedule NBR approved for use under the Contract and may be no greater than the lowest rates charged to other public or private clients. ODC Schedule - The DNL 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). Approval of any rate revisions under this Contract shall be in conformance with this Exhibit B, Part 1, section H – Rate Revisions. 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 Agency (in an internal Agency file server), 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 ODOT by emailing a request to Agency’s Contract Administrator for this Contractto: xxxxXxxxxxxXxxxXxxxxxx@xxxx.xxxxx.xx.xx.

SALARY and BILLING RATE SCHEDULES. Consultant shall, and shall cause all of its subconsultants to submit electronically to Agency the applicable rate schedules forms described below, which are available at the above referenced Internet address. Direct Salary Rate Schedule - The DSR includes the name, classification and actual direct salary rate as approved by Agency, for each employee that may be used under the Contract. This schedule The DSR is required for firms that calculate an overhead raterate and will be used to develop the Escalated Salary Rate Schedule for the Contract. This schedule The DSR will not be included in the Contract but will be retained by Agency. Negotiated Billing Rate Schedule - The NBR may be required by Agency 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 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, this schedule lists ; negotiated rates rate maximums that are fully inclusive of include profit, overhead and any cost of living or merit raisesraises are set forth in the NBR. The billing rates invoiced under the Contract must not exceed be within the maximum rates per the classifications listed in the schedule NBR and may be no greater than the lowest rates charged to other public or private clients. ODC Schedule - The DNL 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). Approval of any rate revisions under this Contract shall be in conformance with this Exhibit B, Part 1, section H – Rate Revisions. 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 Agency (in an internal Agency file server), 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 ODOT by emailing a request to Agency’s Contract Administrator for this Contractto: xxxxXxxxxxxXxxxXxxxxxx@xxxx.xxxxx.xx.xx.