Negotiated Billing Rates definition

Negotiated Billing Rates means the Fixed Hourly Rates of compensation established by mutual agreement between the parties in lieu of calculation by Direct Salaries and Salary Cost Factors, paid to the CONSULTANT’s and subconsultant’s employees for work directly performed on this AGREEMENT, inclusive of all salary, payroll-related taxes, payments, premiums, benefits, and indirect general and administrative costs.
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Examples of Negotiated Billing Rates in a sentence

  • CPFF is not applicable for Consultants that have Negotiated Billing Rates (NBRs) because profit is already built into the billing rates.

  • Grou and Tobak (2008) studied the behavioral patterns exhibited by investors in risk situations, which offered multiple choices.

  • Total NTE Amount Total for contingency tasks: $ Definitions: FCCM – Facilities Capital Cost of Money NBR – Negotiated Billing Rates.

  • The Parties amended the Contract under Amendment No. 1 to revise Exhibit 1, Negotiated Billing Rates, to incorporate new billing rates for Rail Surveyors & Engineers, Inc., and to revise Section 8, Notification, to change the Consultant’s notification address.

  • The Parties amended the Contract under Amendment No. 3 to revise Exhibit 1 – Negotiated Billing Rates to include the rates for “SMA Rail Consulting + IT, Corp.” and to revise Article 10, Subconsultants.

  • CONSULTANT SIGNATURE(s) Signature: Date: Name: Title: Signature: Date: Name: Title: AGENCY SIGNATURES Signature: Date: Name: Title: Signature: Date: Name: Title: Signature: Date: Name: Title: Definitions: FCCM – Facilities Capital Cost of Money NBR – Negotiated Billing Rates.

  • For example, some clearly defined tasks, contingencies, or phases of the work may be fixed price, while T&M may be appropriate for tasks where the level of effort necessary cannot be reasonably determined until the work is underway.• Cost-Plus-Fixed-Fee (CPFF) is not used for contracts with fully-burdened Negotiated Billing Rates (NBRs) – NBRs already include profit.

  • Following agreement on labor costs and ODCs, Agency and Consultant shall negotiate profit for the WOC (except for Negotiated Billing Rates and “Related Services” WOC assignments based on low bid, each of which are inclusive of profit).

  • The Parties amended the Contract under Amendment No. 2 to revise Exhibit 1 – Negotiated Billing Rates to replace the rates for “JLP” in the Contract with rates for “Xxxxxx Engineering Group Inc.

  • EXHIBIT B – COMPENSATION Definitions:CPFF – Cost Plus Fixed FeeFCCM – Facilities Capital Cost of MoneyNBR – Negotiated Billing Rates.

Related to Negotiated Billing Rates

  • Benchmarked Rates means the Framework Prices for the Benchmarked Services;

  • Balance billing means charging or collecting an amount in excess of the Medicaid, Medicare, or contracted reimbursement rate for services covered under a Medicaid, Medicare or employer sponsored beneficiary’s plan. “Balance Billing” does not include charging or collecting deductibles or copayments and coinsurance required by the beneficiary’s plan.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Periodic Billing Requirement means, for any Remittance Period, the aggregate amount of Charges calculated by the Servicer as necessary to be billed during such period in order to collect the Periodic Payment Requirement on a timely basis.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Commercial customer means a customer who is acting within their trade or profession in respect of the insurance cover requested or arranged.

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Scheduled Commissioning Date or “SCD” of the Project shall mean [Insert Date];

  • Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.