Direct Payroll Costs definition
Examples of Direct Payroll Costs in a sentence
Each invoice shall specify, for each type of Service, (A) (i) the aggregate number of hours GGP Employees in each group level set forth on Exhibit I spent performing such Service and (ii) the Direct Payroll Costs for each such group level (or the calculation under a different pricing methodology, as applicable), (B) the Cost Multiplier in effect and (C) any Out-of-Pocket Expenses incurred with respect to such Service.
FunderOverhead RateExceptions / NotesPublic Works Government Services Canada(PWGSC)Allowable overhead costs are: (i) maximum of 65% applicable to Direct Payroll Costs for on-campus work;Costs incurred by the university or college that have no direct bearing on the research activity are not acceptable as direct chargesagainst Canada research contracts.
Costs for all research contracts, commercial activities etc fall into 3 categories: • Direct Payroll Costs – This includes core staff members partially attached to projects (Directly Allocated) and staff members employed to work on a specific project (Directly Incurred).• Other Direct Costs – Other direct costs covers all directly attributable expenditure such as specific travel, fieldwork, equipment etc..• Indirect Costs – Costs incurred by the University which cannot be directly attributed.
To the extent any Direct Payroll Costs or Out-of-Pocket Expenses are not included within GGP’s payroll system and therefore not included in the invoices generated each pay period, GGP shall supply Spinco with an invoice of such Direct Payroll Costs or Out-of-Pocket Expenses as soon as practicable following payment by the GGP Group, but in no event later than fifteen (15) business days following the end of each month in which payment was made by the GGP Group.
The 1996 Report uses AVCC ‘current financial data’ to estimate the infrastructure costs, which are deter- mined as a multiple of the Total Direct Payroll Costs and distinguished by whether the activity is labora- tory (multiplier of 1.25) or non-laboratory (multiplier of 0.92) based.