Direct Labor Multiplier definition
Examples of Direct Labor Multiplier in a sentence
In its consideration of a higher Direct Labor Multiplier, profit is capped at a maximum of 10%.
Upon acceptance by the City, the higher or adjusted Direct Labor Multiplier shall be listed in the first LOA and will be used throughout the duration of the Contract.
Based on its audit, the City will either accept the proposed Direct Labor Multiplier or offer an adjusted Direct Labor Multiplier to remove any unacceptable overhead costs.
Payment basis may be either (a) Billing Rates for Principals and actual pay rates times the Direct Labor Multiplier set forth in Exhibit “C” for employees of Architect/Engineer and all Architect/Engineer Subcontract firms, plus Reimbursable Expenses and other Subcontract Costs, or (b) a lump sum that does not exceed an estimate of the services.
If the Architect/Engineer or any Architect/Engineer Subcontract firm has an audited overhead rate that results in a multiplier that exceeds ------ times the direct labor rates of its employees, the Architect/Engineer or Architect/Engineer Subcontract firm has the option to submit the audit results and all backup data to the City for additional audit and consideration of the higher Direct Labor Multiplier.
If the Architect/Engineer or any Architect/Engineer Subcontract firm has an audited overhead rate that results in a multiplier that exceeds 2.5 times the direct labor rates of its employees, the Architect/Engineer or Architect/Engineer Subcontract firm has the option to submit the audit results and all backup data to the City for additional audit and consideration of the higher Direct Labor Multiplier.
The Direct Labor Multiplier for all Architect/Engineer and Architect/Engineer Subcontract Firm non-principal employees shall be --.
The Direct Labor Multiplier for all Architect/Engineer and Architect/Engineer Subcontract Firm non-principal employees shall be 2.5. This multiplier is not subject to audit.