Prevailing hourly rate definition

Prevailing hourly rate means hourly compensation paid to an employee inclusive of overtime, and includes the base wage rate and any hourly shift allowances and hourly premiums.
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Examples of Prevailing hourly rate in a sentence

  • Team two focuses on restoring Government administration, hospitals, schools and telecoms.For model structure option 2 staffing for this unit is drawn from: • NDO Staff from Planning and Sustainable Development to assist with planning and coordination.

  • There shall be two separate surveys constructed to determine the Pprevailing hourly rate of wages, one survey for Building Construction and another for Heavy and Highway Construction as follows: (a) A survey to determine the Prevailing hourly rate of wages for Building Construction shall be sent to employers and employee organizations engaged inconstruction, reconstruction, improvement, enlargement, alteration or repair of public works projects or other large commercial projects.

  • Survey” means an instrument to ascertain the Prevailing hourly rate of wagesfor the construction trades through data collection of relevant hourly wages paid to workman.

  • Applies to all coverage types Special Fraud Investigations - SIU, Outside Field Investigations, Surveillance Investigations, Targeted Field Investigations Prevailing hourly rate plus expenses Targeted Database Searches, Self Service Database Searches Prevailing rate per report Invoice and Matter Management platform for adjusters/counsel If utilized, 2% of net legal invoice (invoice net of disbursements and invoice review savings).

  • Apxxxxx xx axx xxxxrage types Special Fraud Investigations - SIU, Outside Field Investigations, Surveillance Investigations, Targeted Field Investigations Prevailing hourly rate plus expenses Targeted Database Searches, Self Service Database Searches Xxxxxxxxnx xxxx per report Invoice and Matter Management platform for adjusters/ counsel If utilized, 2% of net legal invoice (invoice net of disbursements and invoice review savings).

Related to Prevailing hourly rate

  • Prevailing Exchange Rate means, for purposes of translating, as of any date, any amount in a non-U.S. currency to U.S. dollars, the spot mid-rate of exchange between such currencies prevailing as of 4 p.m., New York City time, on such date, as displayed on, or derived from, Bloomberg page “BFIX” (or, if such page is not available, its equivalent successor page) in respect of such currencies. If such rate cannot be determined as provided in the immediately preceding sentence on such date (which, for the purpose of this definition, will be deemed to be the “affected day”), then the Prevailing Exchange Rate for such date will be determined mutatis mutandis but with respect to the immediately preceding day on which such rate can be so determined; provided, however, that, if such immediately preceding day is before the fifth (5th) day before such affected day, or if such rate cannot be so determined, then the Prevailing Exchange Rate will be determined in such other commercially reasonable manner as determined by the Company in good faith.

  • prevailing party means the party determined by the arbitrator(s) or court, as the case may be, to have most nearly prevailed, even if such party did not prevail in all matters, not necessarily the one in whose favor a judgment is rendered.

  • Rate means the Adjusted LIBO Rate and the Alternate Base Rate.

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