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.