Overhead Rate definition
Overhead Rate means the rate charged by an operator to the joint interest owners for one hundred percent (100%) of the interests under an operating agreement.
Overhead Rate means $957,185.00.
Overhead Rate means the machine hour rate (as determined in accordance with the provisions of paragraph 10 below) less manufacturing variable cost (as determined in accordance with MSP's standard cost accounting procedures).
Examples of Overhead Rate in a sentence
ConsultantName shall submit only one request per year that must include all changes to the Overhead Rate for ConsultantName and subconsultants.
The STATE shall reimburse the Subconsultants for the allowable indirect costs as follows: Sub 1 name here Interim Overhead Rate Rate % E.
Ensure the Overhead Rate and Fee used in calculating personnel costs match the most current approved rate sheet.
The Overhead Rate for each subconsultant is identified in the Cost Summary, Exhibit B.
The Consultant is further obligated to provide the County with sufficient information concerning the Overhead Rate, including but not limited to annual audited Overhead Rates, any actual or provisional federal (FAR) Overhead Rates, and additional information as requested to validate overhead costs.
More Definitions of Overhead Rate
Overhead Rate means the rate described in Section III.
Overhead Rate means any fee, markup, or other sum of money that the vendor deems as cost associated with their ability to provide the services requested in the solicitation and is not part of the Worker Pay Rate or “Withholding Rate” listed in Section 2 Subsection 2.6 of these specifications.
Overhead Rate means $957,185.00. “Party” or “Parties” has the meaning set forth in the introductory paragraph. “Permitted Encumbrances” means with respect to any Asset any and all of the following: (a) consents to assignment and similar contractual provisions affecting such Asset, including Customary Post-Closing
Overhead Rate has the meaning set forth in Section 4.3.3.1.
Overhead Rate. The Overhead Rate is calculated by dividing Total Overhead Costs by Total Direct Labor Costs. The overhead pool includes indirect costs associated with the direct labour workforce (e.g., indirect labour, rent and other facilities costs, photocopying, office equipment, supplies, postage, recruiting, and communications). TSCTI’s “Government-Site” overhead rate reflects a reduction from the overhead pool of the costs associated with providing work facilities and equipment for staff. • General and Administrative (G&A): The G&A rate is calculated by dividing the total amount of G&A Costs by the sum of Direct Labor Costs and Overhead Costs. The G&A rate is used by us to spread the general management and administrative costs among various contracts that we service. The G&A cost pool includes administrative costs associated with managing the operations of the entire organization (e.g., the administration, marketing, accounting, and executive departments; bid and proposal costs; marketing expenses; legal fees; accounting services; professional consultants; insurance; and taxes other than Federal income taxes). • Profit: The profit is used after competitor price analysis, and to stay reasonable, competitive, stable, and profitable while offering continual value to the Government.
Overhead Rate means the fee charged by Assignor in accordance with Article IV of the Accounting Procedure.
Overhead Rate means the rate Vendor may charge WSDOT for cost components needed to provide the Materials/Services, including, but not limited to, Mobilization cost, administrative salaries, and other ongoing business expenses not including or related to direct labor, direct materials, or third party expenses that are not billed directly to customers. The Overhead Rate for Work performed under an SOW for which Vendor has been selected to perform pursuant to a competitive Tier Two solicitation shall be as set forth in Vendor’s response to the applicable Tier Two solicitation; provided, that said Overhead Rate shall not exceed the Maximum Overhead Rate for the county in which the Work is to be performed.