Loaded Labor Cost definition
Loaded Labor Cost. -- means Buyer's direct labor cost, plus 35% of such direct labor cost to cover all benefit costs with respect to the employees of Buyer.
Examples of Loaded Labor Cost in a sentence
SUMMARY ESTIMATED MAN‐DAY COSTS Position Name Man‐Days Man‐Hours Raw Hourly Rate Loaded Hourly Rate Loaded Labor Cost 1 Project Manager ▇▇▇ ▇▇▇▇▇▇, PE 7 = 56 @ $72.00 $216.29 = $ 12,112.24 2 Inspector/Tech ▇▇▇▇ ▇▇▇▇ 12 = 94 @ $43.00 $129.16 = $ 12,141.04 5 Clerical ▇▇▇▇ ▇▇▇▇ 1 = 10 @ $30.00 $90.12 = $ 901.20 Task Est.