Frequency Rate definition
Frequency Rate means the figure which results after using the formula for determining the frequency rate provided in Rule 4A-62.023, F.A.C.
Frequency Rate. (number of Accidents/worked hours) x 1.000.000.
Examples of Frequency Rate in a sentence
After 1st Commencement Date, The Employer shall grant a bonus for the following safety performance achievements: • A quarterly bonus totaling 200,000 THB shall be awarded to the Contractor if the Contractor meets the Four Zero Criteria, which include: (1) Zero Fatalities, (2) Zero Loss Time Injuries (LTI), (3) Accident Frequency Rate (AFR) of less than 1.0 and (4) Zero Fire Incidents.