Overtime Hourly Rate definition

Overtime Hourly Rate. The Contract hourly rate for hours before 8:00 AM or after 5:00 PM or all day Saturday, Sunday and Holidays (as designated in Section 110.117, Florida Statutes). The Agreement is governed by budgetary restrictions. The annual reimbursement to the Vendor will be based on the unit price of the actual amount of work authorized for completion and approved by the Contract Manager. Final reimbursement shall not exceed the amount set forth in Exhibit “C”, Bid Blank, but may be less than the contract amount since all quantities are estimated and no quantities are guaranteed. It shall be the responsibility of the Vendor to ensure that sufficient funding remains within the maximum limiting amount established for the subject contract to complete authorized services. Any changes in the maximum limiting amount shall require execution of a Supplemental Agreement as specified in Section 1.B of the Standard Written Agreement. The Vendor shall not be obligated to perform services or incur costs that would result in exceeding the Contract dollar amount, nor shall the Department be obligated to reimburse the Vendor for services which result in exceeding the Contract dollar amount, except to the extent said amount is increased by a Supplemental Agreement. Execution of this Agreement does not guarantee that the work will be authorized. This is an Estimated Quantities Agreement whereby the Vendor agrees to furnish the services specified herein during the term of the Agreement and any renewals and extensions thereto. It is further agreed that the unit price bid by the Vendor shall remain unchanged, if the actual quantities used are less or greater than what is identified. The Department, based on need and availability of budget, may increase or decrease the quantity of services required of the Vendor within the general description of the project.
Overtime Hourly Rate means the relevant rate of pay applicable to the Employee’s classification as set out in the Schedule.
Overtime Hourly Rate means the overtime hourly rate as set out in Appendix C.

Examples of Overtime Hourly Rate in a sentence

  • Shall be the difference between the Overtime Hourly Rate and Straight Time Rate per specific trade and classification as more fully defined herein.

  • These areas were defined and used in the proposed conditions analysis to closely maintain the existing drainage patterns.

  • Refer to Annex A – Statement of Work for definitions of Overtime, Call-back Time and Statutory Holidays) The Contractor will be paid the same all-inclusive Overtime Hourly Rate for the Work performed on Overtime, Call-back Time and Statutory Holidays, as specified below: Resource CategoryContract Year 1Contract Year 2Contract Year 3Option Period 1Option Period 2 Registered Nurse Multiple claims for the same Call-back Time, as defined in Annex A, will not be accepted by Canada.

  • The Overtime Hourly Rate will be applied Monday through Friday between the hours of 4:31 pm and 7:59am and on Saturdays and Sundays.

  • Establish Overtime Hourly Rate for East Orange Superior Officers (cont’d) NOW, THEREFORE BE IT RESOLVED, that the East Orange Board of Education, upon the recommendation of the Superintendent of Schools, establishes an overtime hourly rate of$50.00 to East Orange Superior Officers working at extracurricular events during the 2014- 2015 school year.

  • Overtime Hourly Rate: The Contract hourly rate for hours before 8:00 AM or after 5:00 PM or all day Saturday, Sunday and/or State holidays (as designated in Section 110.117, Florida Statutes).

  • All time worked in excess thereof shall be con­ sidered Overtime and paid for in accord­ ance with the Overtime Hourly Rate as hereinafter set forth in sub-section (b) of Section V, which said Overtime is figured at the rate of time and one-half.

  • Regular Hourly Rate (40 assumed hours) 40 x Regular Rate= $ Overtime Hourly Rate (10 assumed hours) 10 x Overtime Rate=$ B.

  • SCHEDULE A - FULL-TIME 9/1/2023 - 6/30/2024 Cost Annual 1 FT SRO [1] Gross Salary [2] Fringe Benefits Subtotal Salary & Fringe at 100% Annual Average Cost for SRO Standard Monthly Rate Standard Hourly Rate [3] Overtime Hourly Rate [4] Anticipated School Cost for SRO 1,733 Hours $91,930 $13,064 $130,61 [1] Salary based on current contract - at top step for Full Time County Police Officer, assumes Tier 4 ERS.

  • SCHEDULE A - PART-TIME 9/1/2023 - 6/30/2024 Cost Annual 1 PT SRO [1] Gross Salary [2] Fringe Benefits Subtotal Salary & Fringe at 100% Annual Average Cost for SRO Standard Monthly Rate Standard Hourly Rate [3] Overtime Hourly Rate [4] Anticipated School Cost for SRO 1,040 Hours $42,500 $5,211 $47,711 $47,711 $45,944 [1] Salary based on current contract - at top step for Part Time County Police Officer, assumes deputy is retired from NYSERS.


More Definitions of Overtime Hourly Rate

Overtime Hourly Rate. Is defined as the Base Hourly Rate (defined in Appendix A) times one and one half.
Overtime Hourly Rate means hourly rate that is paid per hour worked in excess of their forty (40) base rate hours per week.
Overtime Hourly Rate shall be the hourly rate arrived at by dividing the sum of the annual salary, annual education premium and the annual longevity pay by the number of annual duty hours scheduled for the employee.
Overtime Hourly Rate means the hourly rate to perform services during Overtime Hours.

Related to Overtime Hourly Rate

  • 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.

  • 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 of pay means an employee's weekly rate of pay divided by thirty-five (35).

  • Per diem means a period of 7.5 hours of actual work per day. Where actual hours worked are less than 7.5 hours per day, the amount to be paid will be prorated accordingly;

  • Workweek means any week during which a Class Member worked for Defendant for at least one day, during the Class Period.

  • Kilowatt-hour or “kWh” shall mean three decimal six million (3.6 10E6) Joule

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • Clock hour means either of the following:

  • Training hour means at least 50 minutes of actual learning, including, but not limited to, time devoted to lecture, learning activities, small group activities, demonstrations, evaluations, and hands-on experience.

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.

  • Work week means a seven (7) consecutive day week that consistently begins and ends on the same days throughout the year; i.e. Sunday through Saturday, Wednesday through Tuesday, Friday through Thursday.

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

  • Annualized means restating an amount to an annual value. This computation is performed by multiplying an amount applicable to a period of less or greater than three hundred sixty-five (365) days, by a ratio determined by dividing the number of days in the reporting period by three hundred sixty-five (365) days, except in leap years, in which case the divisor shall be three hundred sixty-six (366) days.

  • Classroom hour means 50 minutes of instruction out of

  • Peak Hours or “Peak Period” means the period with the highest ridership during the entire transit service day as determined by the transit operator. Must include at least one hour during the morning commute hours and one during evening commute hours, Monday through Friday. Each Peak Period cannot be longer than three hours.

  • Normal Working Hours means between the hours of 7:00 AM to 5:00 PM, Monday through Friday, inclusive. Saturdays, Sundays, and County holidays are excluded.

  • Labor hours means the total hours of workers receiving an hourly wage who are directly employed on the site of a building improvement or public works project. "Labor hours" includes hours performed by workers employed by the general contractor and all subcontractors working on the project. "Labor hours" does not include hours worked by foremen, superintendents, project managers, project engineers, and owners.

  • Working Hour means an hour between 0900 hours and 1700 hours on a Working Day.

  • Demobilization means removal of all equipment, machinery, manpower from the site after completion of the services with the due permission of EIC.

  • Hours As used herein, the term "Hours" shall mean sequential sixty (60) minute time frames.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Prime costs and “Prime cost sum” means the amount actually paid by the contractor for any article, commodity or special work and shall include all proper charges for packing, carriage and delivery to site, after deduction of all trade documents, rebates and allowances and the discount obtainable for cash insofar as such discount for cash exceeds 2½%.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Time Worked means time during which an employee is performing labor or services for the benefit of an employer, including all time s/he is suffered or permitted to work, whether or not required to do so.

  • Flight Hour means each hour or part thereof elapsing from the moment at which the wheels of the Aircraft (or other aircraft in the case of Parts or Engines temporarily installed on such other aircraft) leave the ground on the take-off of the Aircraft (or such other aircraft) until the wheels of the Aircraft (or such other aircraft) touch the ground on the landing of the Aircraft (or such other aircraft) following such take-off.