Direct Salary Expense definition

Direct Salary Expense or “DSE” means the actual gross salary, expressed on an hourly wage basis, of Design/Build Contractor’s and Project Architect’s employees and consultants directly engaged on the Project. For DSE purposes, Project Architect’s employees includes, but is not limited to, architects, officers, principals, engineers, designers, job captains, draftspersons, and specifications writers, who are performing consultation, research or design, or who are producing drawings, specifications, plans, or other documents pertaining to the Project, or who are performing services that are directly attributable to and necessary for the Project.
Direct Salary Expense or “DSE” means the actual gross salary, expressed on an hourly wage basis, of Construction Manager’s salaried employees directly engaged on the Project. DSE does not include Allowable Employer Contributions or other employers’ contributions, or benefits costs or expenses excluded from Allowable Employer Contributions.
Direct Salary Expense. (“DSE”) means the actual gross salary, expressed on an hourly wage basis, of Design/Build Contractor’s and Project Architect/Engineer’s employees and consultants directly engaged on the Project. DSE does not include the respective employers’ contributions for taxes (including federal and state unemployment, Social Security, Medicare, workers compensation), health and related insurance, pension / 401(k), and vacation/holidays. For DSE purposes, Project Architect/Engineer’s employees include, but are not limited to, architects, officers, principals, engineers, designers, job captains, draftspersons, and specifications writers, who are performing consultation, research or design, or who are producing drawings, specifications, plans, or other documents pertaining to the Project, or who are performing services that are directly attributable to and necessary for the Project.

Examples of Direct Salary Expense in a sentence

  • Cost and expense of transportation and living (not including Direct Salary Expense) approved by the OWNER in writing when traveling in connection with the Project over and above such expenses required to perform basic services.

  • Records of Construction Manager’s costs, Reimbursable Expenses, expenses pertaining to Additional Pre-Construction Phase Services, and services performed on the basis of a Worker Wage Rate, Direct Salary Expense or Monthly Salary Rate (individually and collectively “Project Financial Records”) shall be kept on the basis of generally accepted accounting principles and in accordance with cost accounting standards promulgated by the Federal Office of Management and Budget Cost Accounting Standards Board.

  • Direct Salary Expense (“DSE”) is defined as the actual salaries of the Architect’s personnel directly engaged on the Project, expressed on an hourly wage basis prior to deductions for employment taxes and employee-paid benefits.

  • Compensation by the hour for time expended at an amount not to exceed 2.75 times the Direct Salary Expense for each person performing services.

  • Records of Reimbursable Expenses and expenses pertaining to Additional Services and services performed on the basis of a Multiple of Direct Salary Expense shall be kept on the basis of Generally Accepted Accounting Principles and shall be available to Owner or Owner's authorized representative during business hours and shall be retained for four (4) years after final Payment or abandonment of the Project, unless Owner otherwise instructs Architect in writing.

  • Direct Salary Expense (“DSE”) is defined as the actual salaries of the Service Provider’s personnel directly engaged on the Project, expressed on an hourly wage basis prior to deductions for employment taxes and employee-paid benefits.

  • Xxxx Building 000 Xxxx 00xx, Xxxxx 000 Xxxxxx, Xxxxx 00000 (NOT USED) Construction Manager‐At‐Risk – Name of Contractor Project No. & Name: - Employee Estimated Employer’s Monthly Contributions Monthly Salary Rate Name and Title Estimated Monthly Direct Salary Expense Federal & State Unemployment (Less than 1%) Social Security & Medicare (Less than 7.65%) Worker’s Compensation Health & Insurance Pension / 401(k) Vacation / Holiday 1.

  • Direct Salary Expense (“DSE”) is defined as the actual salaries, expressed on an hourly wage basis, prior to deductions for employment taxes (such as FICA, Medicare, income tax withholding) and employee-paid benefits, of all personnel, including Consultant’s employees directly engaged on the Project (and performing consultations or research or preparing documents for the Project).

  • Payments to the ARCHITECT for Basic Services shall be made monthly in proportion to services performed so that the compensation at the completion of each Phase, except when the compensation is on the basis of Direct Salary Expense, shall equal the following percentages of the total Compensation: Phase I - Preliminary Site Planning and Schematic Design Phase 15% Phase II - Design Development Phase.

  • Direct Personnel Expense (DPE) - The sum of Direct Salary Expense and Burden.


More Definitions of Direct Salary Expense

Direct Salary Expense or “DSE” means the actual gross salary, expressed on an hourly wage basis, of Design-Build Firm’s and Project Architect/Engineer’s employees and consultants directly engaged on the Project. For DSE purposes, Design-Build Firm’s employees include, but is not limited to, project managers, officers, principals, project engineers, BIM managers / VDC engineers, project safety personnel, quality control staff, project schedulers, commissioning engineers, cost estimators, superintendents, or other salaried staff that are directly attributable to and necessary for the Project. For DSE purposes, Project Architect/Engineer’s employees includes, but is not limited to, architects, officers, principals, engineers, designers, job captains, draftspersons, and specifications writers, who are performing consultation, research or design, or who are producing drawings, specifications, plans, or other documents pertaining to the Project, or who are performing services that are directly attributable to and necessary for the Project.

Related to Direct Salary Expense

  • Travel Expenses means any costs incurred by Licensor associated with the transportation, storage or lodging of equipment, supplies, Licensor employees and other items necessary for business use from Licensor headquarters to Licensee’s facilities. Travel expenses may include, but are not limited to airfare, hotel costs, and meals if applicable. Any travel expenses paid by the Licensee shall be paid at allowable government travel rates consistent with Management Directive 230.10, unless otherwise first approved by the Licensee’s authorized representative.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Covered Expense means expense incurred only for the following:

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.