Common use of Proposed Labor Rates Clause in Contracts

Proposed Labor Rates. In addition to fairness and reasonableness, pricing must represent best value. The offeror must provide additional narrative and rational basis if the following elements of its rates exceed the benchmarks given:

Proposed Labor Rates. In addition to fairness and reasonableness, pricing must represent best value. The offeror must provide cost build-up data (subject to later audit if deemed necessary) to support its rates for all labor categories in a functional area. The offeror must provide additional narrative and rational basis if the following elements of its rates exceed the benchmarks given:

Proposed Labor Rates. In addition to fairness and reasonableness, pricing must represent best value. The offeror must provide cost build-up data (subject to later audit if deemed necessary) to support its rates for all labor categories in a functional area. In addition, the offeror must provide additional narrative and rational basis if the following elements of its rates exceed the benchmarks given:

Proposed Labor Rates. ‌ In addition to fairness and reasonableness, pricing must represent best value. The offeror must provide cost build-up data (subject to later audit if deemed necessary) to support its rates for all labor categories in a functional area. The offeror must provide additional narrative and rational basis if the following elements of its rates exceed the benchmarks given: