Direct Labor Multiplier definition

Direct Labor Multiplier means all General Administrative costs (home office overhead, indirect labor and travel, insurance [PL, CGL, WC], employers taxes, office expenses, office equipment, field equipment, field vehicles, advertising and hiring expenses, and non-reimbursable printing, copying, paper, and shipping); Employee Benefits costs (vacation, insurance [medical, life, long & short term care, etc.], 401K and other retirement plans, other actual benefits provided to employees, such as company car) and Profit – capped at 10%.

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.