Direct Labor Rate definition
Examples of Direct Labor Rate in a sentence
The Direct Labor Rate shall not include any labor other than Consultant’s employees, including, without limitation, Consultant’s Contract Personnel.
The Direct Labor Rate shall be based on a normal 8-hour day, 40-hour week (e.g., no overtime, holidays or weekend rates) and shall exclude any other form of compensation (e.g., no bonuses, stock options, profit-sharing or equity arrangements).
If during the invoice period, Consultant has incurred costs other than the Direct Labor Rate, Consultant shall attach to its invoice to the City copies of receipts and invoices for such costs and expenses.
If a current audit is not available for the Direct Labor Rate or FAR Overhead Statement, the Direct Labor Rate and/or overhead costs shall be based on information acceptable to the City.
The Direct Labor Rate shall be based on the most current audit of the Consultant’s payroll and financial records.
The costs of such performance shall be borne solely by Lessor and shall be equal to the sum of material costs and the associated Direct Labor Rate cost of performing such Airworthiness Directive.
As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by 3.13 (“Multiplier”).
As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by the corresponding value set forth in the table below (“Multiplier”).
As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by _3.01 (“Multiplier”).
As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by 3.16 (“Multiplier”).