Indirect Cost Rates The System Agency may acknowledge an indirect cost rate for Grantees that is utilized for all applicable contracts. Grantee will provide the necessary financial documents to determine the indirect cost rate in accordance with the Uniform Grant Guidance (UGG) and Uniform Grant Management Standards (UGMS).
Hourly Rates Effective: January 1, 2014 CLASSIFICATION FULL-TIME EMPLOYEES PART-TIME EMPLOYEES Base 14% benefit HOURLY Base 14% benefit HOURLY Base 14% benefit HOURLY Start Rate 6 months 1 year Start Rate in lieu Start Rate 920 hrs in lieu 920 hrs 1840 hrs in lieu 1840 hrs Food Service Worker 19.60 19.73 20.02 Reg 19.60 2.74 22.34 19.73 2.76 22.49 20.02 2.80 22.82 29.40 29.60 30.03 OT 32.14 32.36 32.83 Laundry Aide 19.05 19.19 19.48 Reg 19.05 2.67 21.72 19.19 2.69 21.88 19.48 2.73 22.21 28.58 28.79 29.22 OT 31.25 31.48 31.95 Housekeeping Aide 20.36 20.51 20.65 Reg 20.36 2.85 23.21 20.51 2.87 23.38 20.65 2.89 23.54 30.54 30.77 30.98 OT 33.39 33.64 33.87 Health Care Aide 20.36 20.51 20.65 Reg 20.36 2.85 23.21 20.51 2.87 23.38 20.65 2.89 23.54 30.54 30.77 30.98 OT 33.39 33.64 33.87 Clothing Clerk 20.36 20.51 20.65 Reg 20.36 2.85 23.21 20.51 2.87 23.38 20.65 2.89 23.54 30.54 30.77 30.98 OT 33.39 33.64 33.87 Xxxx 21.11 21.26 21.40 Reg 21.11 2.96 24.07 21.26 2.98 24.24 21.40 3.00 24.40 31.67 31.89 32.10 OT 34.63 34.87 35.10 R.P.N. 24.78 24.95 25.15 Reg 24.78 3.47 28.25 24.95 3.49 28.44 25.15 3.52 28.67 37.17 37.43 37.73 OT 40.64 40.92 41.25 Rehabilitation Assistant 20.94 21.04 21.26 Reg 20.94 2.93 23.87 21.04 2.95 23.99 21.26 2.98 24.24 31.41 31.56 31.89 OT 34.34 34.51 34.87 Maintenance Person 20.36 20.51 20.65 Reg 20.36 2.85 23.21 20.51 2.87 23.38 20.65 2.89 23.54 30.54 30.77 30.98 OT 33.39 33.64 33.87 P1 Plumber 0.00 0.00 25.56 Reg 25.56 3.58 29.14 38.34 OT 41.92 Recreation Programmer 21.06 21.18 21.39 Reg 21.06 2.95 24.01 21.18 2.97 24.15 21.39 2.99 24.38 31.59 31.77 32.09 OT 34.54 34.74 35.08 Notes: - Part-time hourly rate = full-time rate plus 14% -Part-time overtime rate = 1/2 full-time rate plus part-time hourly rate COUNTY OF RENFREW
Overhead Rates The Engineer shall use the provisional overhead rate indicated in Attachment E. If a periodic escalation of the provisional overhead rate is specified in Attachment E, the effective date of the revised provisional overhead rate must be included. For lump sum contracts, the overhead rate remains unchanged for the entire contract period.
Interest Rates Except as provided in Section 2.6(c), all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest as follows:
Pay Rates Unit members must have been on an active status for a minimum of six
Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:
Overtime Rates All overtime hours shall be compensated at the rate of time and one- half (1-1/2).
Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.
Rental Rates Schedules for (i) proposed rental rates on heavy construction equipment, and (ii) proposed wage rates of operating engineers. The Design-Builder firm shall certify that the proposal for rental rates and proposal for wage rates comply with the Contract Documents.
Interest Rates; Benchmark Notification The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.14(b) provides a mechanism for determining an alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, performance or any other matter related to any interest rate used in this Agreement, or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.
