Labor Cost Factor definition

Labor Cost Factor means a factor of 30%, applied to labor costs as specified in this Agreement.
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Labor Cost Factor means a factor of _____%, applied to labor costs as specified in this Agreement.
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Examples of Labor Cost Factor in a sentence

  • This per-hour fee shall not be multiplied by the Labor Cost Factor.

  • These performance upgrades are available for many European, domestic and import vehicles.

  • Payment will be determined by multiplying the Labor Cost Factor times the summation of wages and fringe benefits.

  • The Labor Cost Factor will cover all employee-related expenses not covered by the prevailing wage rate and required benefits.

  • Please note that the Labor Cost Factor is applied against the total labor cost, including benefits.

  • The AOC will pay the Contractor the labor costs incurred in performing Cost Plus Work, multiplied by the Labor Cost Factor.

  • Proposer must complete Section 2 of Pricing Sheets, Appendix C, and provide a Labor Cost Factor percentage to be added to the Prevailing Wage and Benefits for the employee’s classification.

  • The Proposer must submit a Labor Cost Factor as part of its price proposal.

  • Any Labor Cost Factor percentage will cover all employee related expenses not covered by the prevailing wage rate and required benefits.

  • Proposer must complete Section 3 of Pricing Sheets, Appendix C, to indicate the Labor Cost Factor percentage.

Related to Labor Cost Factor

  • Maximum allowable cost list means a list of drugs for

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Loss Factor means the scaling factor determined in accordance with clause 6 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are: