Salary Cost Factor definition

Salary Cost Factor means a factor applied to the Direct Salaries for CONSULTANT or an individual subconsultant to cover Salary Costs, General Overhead and profit. Salary Cost Factors for CONSULTANT and each individual subconsultant are shown in Appendix B. Salary Cost Factors will not change for the life of the AGREEMENT, except as otherwise modified under the Changes to Standard Form Agreement section of this AGREEMENT. The Salary Cost Factor is computed by aggregating (x) Salary Costs as a percentage of Direct Salaries and (y) General Overhead as a percentage of Direct Salaries, and multiplying this sum by the allowable profit, as follows: Therefore, as example:
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Salary Cost Factor means a factor applied to the Direct Salaries for CONSULTANT or an individual Subconsultant to cover Salary Costs, General Overhead and profit. Salary Cost Factors for CONSULTANT and each individual Subconsultant are shown in Contract Appendix D. Salary Cost Factors will not change for the life of the AGREEMENT. The Salary Cost Factor is computed by aggregating (x) Salary Costs as a percentage of Direct
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Salary Cost Factor means a factor applied to the Direct Salaries for CONSULTANT or an individual subconsultant to cover Salary Costs, General Overhead and profit. Salary Cost Factors for CONSULTANT and each individual subconsultant are shown in Appendix B. Salary Cost Factors will not change for the life of the AGREEMENT. The Salary Cost Factor is computed by aggregating (x) Salary Costs as a percentage of Direct Salaries and (y) General Overhead as a percentage of Direct Salaries, and multiplying this sum by the allowable profit, as follows: Therefore, as example:
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Examples of Salary Cost Factor in a sentence

  • If compensation is based on Time and Materials, ALAMEDA CTC shall pay the CONSULTANT the amount of the CONSULTANT’s Fixed Hourly Rates shown in Appendix B, or where rates are not shown, the applicable Salary Cost Factor shall be used, plus Direct Expenses, plus subconsultant fees and/or other outside services and facilities procured by the CONSULTANT, plus applicable sales or similar taxes.

  • If compensation is based on Time and Materials, ALAMEDA CTC shall pay the CONSULTANT the amount of the Fixed Hourly Rates or Direct Expenses shown in Appendix B, or where rates are not shown, the applicable Salary Cost Factor shall be used.

  • Labor costs shall be the total number of hours worked on the Project by each employee multiplied by a Salary Cost Factor of 2.853 to cover Direct Salary Costs, General Overhead, and profit.

  • The Salary Cost Factor will not change for the life of this Project.