Examples of Multiplier in a sentence
Column 3 of the Compensation Table sets forth the maximum amount that the City will pay for the Multiplier Compensation (as defined in Exhibit B, Section 1) for each task of the Approved Service Order.
Except for other costs and expenses expressly set forth in this Master Agreement as being compensable, the Multiplier Compensation shall be the Consultant’s only compensation for all Work performed pursuant to an Approved Service Order.
Consultant acknowledges and agrees that the Multiplier Compensation includes all of Consultant’s overhead costs and expenses incurred in performing Work pursuant to this Master Agreement.
For purposes of calculating the Multiplier Compensation, the direct labor rate shall be the sum of the number of hours worked by each of Consultant’s employees pursuant to an Approved Service Order multiplied by the respective hourly rates paid by Consultant to such employees (“Direct Labor Rate”).