Payroll Cost definition

Payroll Cost means the actual cost of any person employed by the Consultant or the Consultant's Sub- Consultants as a staff member, including principals employed as staff members, and includes an amount for salary, statutory holidays, vacations with pay, unemployment insurance premiums and worker's compensation contributions where applicable, pension plan contributions, sick time allowance, medical/dental insurance premiums, and such other employee benefits as may be approved by the Departmental Representative;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Payroll Cost means all vouchable costs, including basic pay, overtime, allowances, employer taxes but, excluding pension costs, incurred by the Local Authority in compensating the Local Authority Water Services Staff in accordance with their employment contracts and the Law;

Payroll Cost means the actual cost of any person employed by the Contractor or the Contractor's sub-contractors as a staff member including principals employed as staff members, and includes an amount for salary, statutory holidays, vacation with pay, unemployment insurance premiums where applicable, worker's compensation contributions, pension plan contributions, sick time allowance and such other employee benefits as may be approved by the Band Representative.

Examples of Payroll Cost in a sentence

Actual Allocation-Administration & Payroll Cost Bi-Weekly Drawdown The Department shall request funds twice a month, such that they are deposited bi-weekly, to fund activities for the prior two weeks.
Actual Allocation-Administration & Payroll Cost Bi-Weekly Drawdown The Department shall request funds twice a month, such that they are deposited bi- weekly, to fund activities for the prior two weeks.
Invoices shall include substantiation of costs in the form of a detailed Work Project Activity Report along with a Payroll Cost Distribution Statement.
To the extent that the Buyer or any member of the Buyer Group is otherwise liable for the Ardutch Award Payroll Cost, Ardutch will reimburse the Buyer (or the relevant member of the Buyer Group) for the relevant Ardutch Award Payroll Cost so incurred.
We are a Certified Public Accounting Firm that provide professional services to several industries such as Accounting, Payroll, Cost Reports, Budgets, Taxes and Audits.
Payroll Cost shall mean salaries and wages, (basic and overtime) paid to all personnel engaged directly on the Project, plus the cost of statutory benefits including, but not limited to, social security contributions, unemployment, excise and payroll taxes, worker’s compensation, health and retirement benefits, sick leave, and vacation and holiday pay applicable hereto.
Notwithstanding the foregoing, payments under this Section 3.9(a) shall be reduced until the cumulative amount of such reduction in payments equals the Assumed Payroll Cost Amount.
The consultant's estimate of its in-house Direct Payroll Cost, presented as a breakdown of work-hour requirements into the work breakdown structures tasks and detail tasks, is required to accomplish the project.
Payroll Cost is defined in the Agreement for Engineering Services.
To the extent that the Buyer or any member of the Buyer Group is otherwise liable for the Whirlpool Award Payroll Cost, Whirlpool will reimburse the Buyer (or the relevant member of the Buyer Group) for the relevant Whirlpool Award Payroll Cost so incurred.

More Definitions of Payroll Cost

Payroll Cost means the actual cost of any person

Payroll Cost shall have the meaning assigned to such term in Section 5.03. ------------ "Per-Hour Fee" shall have the meaning assigned to such term in Section 5.10. ------------

Payroll Cost means the salary and/or wages of the employees of the Town engaged in performing services for the works plus associated employee benefits. Fringe benefits may be expressed as a percentage of the salary and/or wages and may include but not be limited to such benefits as statutory holidays, vacations with pay, sick time allowance, hospitalization, medical and other health insurance, group life and disability insurance, pension plans including the Canada Pension Plan, Workmen's Compensation and Unemployment Insurance where applicable.