Rate of costs definition

Rate of costs means the hourly credit of the amount reasonably anticipated to be paid by an employer in providing fringe benefits to employees pursuant to an enforceable commitment to carry out a financially responsible plan or program pursuant to division (E)(3) of section 4115.03 of the Revised Code.
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Examples of Rate of costs in a sentence

  • The prescribed rated in relation to the costs of survey referred to in Section 26 shall be as set out in the Schedule/ SCHEDULE (Regulation 2) Area of parcel Rate of costs of survey Not exceeding 0.5 hectare R.

  • The prescribed rated in relation to the costs of survey referred to in Section 26 shall be as set out in the Schedule/______________________ SCHEDULE (Regulation 2) Area of parcel Rate of costs of survey Not exceeding 0.5 hectare R.

Related to Rate of costs

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • weekly rate of pay means an employee’s annual salary divided by 52.176;

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • daily rate of pay means an employee's weekly rate of pay divided by five (5);

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

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