Interim Rate definition

Interim Rate means the Unit of Service rate as identified on the Service Summary(ies), which is used by County to make provisional reimbursements throughout the term of Agreement;
Interim Rate means the Unit of Service rate as identified on the Financial Summary(ies), and is equal to or lower than Providers published charge. Interim Rate as defined in this section shall be used by County to make reimbursements throughout the term of Agreement and shall be used during the final settlement as outlined in Paragraph 4 (FINANCIAL PROVISIONS), Subparagraph L (Annual cost Report Adjustment and Settlement) ;
Interim Rate means, a per annum rate of interest equal to the sum of (a) the per annum rate of interest established from time to time by U.S. Bank as its "overnight money market rate" for loans of comparable amounts; and (b) seventy-five (75) basis points (three-fourths of one percent) changing as such "overnight money market rate" changes from time to time.

Examples of Interim Rate in a sentence

  • The Department will annually notify Provider of the cost report template to be used and provide instructions and a due date for submission in order for Provider to be eligible for an Interim Rate the next Rate Year.

  • Once the Department has a cost report covering a Rate Year in which Provider received an Interim Rate, it will calculate the actual cost per trip during the Rate Year and determine whether the Interim Rate underpaid or overpaid Provider for the cost of the Services.


More Definitions of Interim Rate

Interim Rate means the payments to Provider for Covered Ambulance Services in addition to the Base Rate and calculated pursuant to Article III.
Interim Rate means the rate of return calculated in accordance with clause 10 (3) to be applied in determining benefits in terms of clause 9 for any part of a year;"
Interim Rate means the rate per cubic metre of Bulk Water as determined annually in accordance with the formula set out in Schedule “C”;
Interim Rate is amended and restated to read as follows:
Interim Rate means a rate set for a provider for tentative reimbursement, based on reasonable allowable cost of providing a covered service, which may result in reimbursement adjustments after an audit or review determines the actual allowable cost during an accounting period.
Interim Rate. The Interim Rate for each Loan shall be a fixed rate of interest per annum equal to thirteen percent (13.00%).
Interim Rate. The rate established by the Compensation Specialist for a new position which has not yet been formally rated after the employee has been in the new position for a minimum of six (6) months. Job: A group or range of duties or tasks assigned to and performed by the incumbent(s). Job Analysis: The process of determining and recording, through the use of questionnaires, observations and studies, the tasks and duties comprising a job and the required knowledge, responsibility, effort and working conditions involved in the performance of that job. Job Evaluation: A systematic procedure designed to aid in establishing pay differentials among jobs using a set of compensable factors contained in a job evaluation plan. Job Fact Questionnaire (JFQ): The questionnaire provided to employees to complete detailing the principle function, responsibilities and duties so the Compensation Specialists and/or the JJEC can accurately evaluate a position. It shall not be construed to be a detailed description of all requirements inherent in the job. Joint Job Evaluation Committee (JJEC): The Joint Job Evaluation Committee (JJEC) shall be comprised of four (4) representatives of the Employer and four (4) representatives of CUPE. Each party may also designate two alternates. Job Rate: The top step of the evaluated rate for the job. Justifications: Each Sub-factor will be assigned a rating and the Compensation Specialist will provide a justification using examples provided by the employee in their completed Job Fact Questionnaire. Points: The numerical expression adopted for measurement of each degree within each factor. Rater: A Rater can be the Compensation Specialist on the initial rating for new positions or any member of the JJEC. Rating Manual: The approval manual used by the Compensation Specialist and/or JJEC Committee for analyzing and evaluating the content of a job from the job posting. Rating Sheet: This form will provide details of the rating for the position. It will include the date of the review, the ratings for each sub-factor and justifications for each degree level that best reflects the information provided on the Job Fact Questionnaire and/or the Reconsideration Form. Request For Reconsideration Form: The form used to appeal sub-factors that the employee or the Supervisor feel do not accurately describe the duties of the position. New information must be provided for each sub-factor that the employee or the Supervisor would like to be reconsidered since the las...