Common use of Hourly Rate Clause in Contracts

Hourly Rate. (A) The amounts shall be computed by multiplying the appropriate hourly rates prescribed in the contract by the number of direct labor hours performed. Fractional parts of an hour shall be payable on a prorated basis.

Appears in 16 contracts

Samples: Blanket Purchase Agreement, Interagency Firefighting Crew Agreement, Interagency Firefighting Crew Agreement

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Hourly Rate. (A) The amounts shall be computed by multiplying the appropriate hourly rates prescribed in the contract Agreement by the number of direct labor hours (DLH) performed. Fractional parts of an hour shall be payable on a prorated basis. The hourly rates shall include wages, indirect costs, general and administrative expenses, and profit.

Appears in 15 contracts

Samples: General Terms, General Terms, General Terms

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