Direct Labour Cost definition

Direct Labour Cost means base wage costs of employees including overtime premium where applicable, but excludes Payroll Burden Cost.
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Direct Labour Cost means the base wage costs of employees under a wage schedule approved in writing by the Province prior to the commencement of work or procurement associated with the Change Order, or in the absence of such a wage schedule, the salaries or wages paid under the applicable collective agreement, or in the absence of any collective agreement, the actual cost of salaries and wages, excluding Payroll Burden Cost and all superintendent’s or xxxxxxx’x wages or other personnel responsible for supervision of the work;
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Direct Labour Cost means base wage costs of employees, excluding payroll burden cost.
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Examples of Direct Labour Cost in a sentence

  • Only offers from bidders with “Mark-up and Overheads” of at least 15% of Total Direct Labour Cost will be considered.

  • For the purposes of calculating the local value added content, either of the following methods can be applied: Value of Originating materials +Direct Labour Cost +DirectOverhead + Profit Cost FOB Price (a) Direct Method x 100% > 40% 4-1 Includes mineral fuels, lubricants and related materials as well as mineral or metal ores.

  • Direct Labour Cost are the cost which can be identified with and allocated to cost centres or cost units.

  • Direct Labour Cost are that portion of gross wages or salaries incurred for work, which can be specifically identified and measured as having been performed or to be performed on a Contract and, which is so identified and measured consistently by a Contractor’s cost accounting practices.

  • The cost records show that Rs. 3,000 (1,200 direct labour hours) of Direct Labour Cost and Rs. 6,000 of Direct Material Cost had been charged.

  • July to September BT Direct Labour Cost: this corresponds to the costs of First Line Managers, engineers, etc.

  • The company uses Excel models to accumulate the costs to specific activities of the works, for amortization and inventoried items.The company calculates and applicates an actual rate of indirect costs :>> “TRACI” = Actual Indirect Cost Accumulated/ Actual Direct Labour Cost Actual Cost.

  • For the purposes of calculating the local value added content, either of the following methods can be applied: (a) Direct Method Value of Originating materials +Direct Labour Cost +DirectOverhead + Profit Cost FOB Price x 100% > 40% 4-1 Includes mineral fuels, lubricants and related materials as well as mineral or metal ores.

  • The overhead rate is calculated as under: Overhead Rate= Production Overhead Expenses / Direct Labour Cost.

  • Direct Material Cost b) Direct Labour Cost c) Direct Expenses d) Indirect or Overhead Exps.


More Definitions of Direct Labour Cost

Direct Labour Cost means the labor cost directly related with the production of the stock- in-trade.
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Direct Labour Cost means the base wage costs of employees under a wage schedule approved in writing by the City prior to the commencement of work or procurement associated with the Change Order, or in the absence of such a wage schedule, the salaries or wages paid under the applicable collective agreement, or in the absence of any collective agreement, the actual cost of salaries and wages, excluding Payroll Burden Cost, Overhead Cost, and all superintendent’s or foreman’s wages or other personnel responsible for supervision of the work;
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Related to Direct Labour Cost

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Base Cost means base cost as defined in paragraph 1 of the Eighth Schedule;

  • Manufacturing Cost means ***

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • LCC-300 Cost Centre E Terminus Building - Structure Lump Sum Breakdown E4 : Station (GL X7-27/M-Q, 15.00m-21.96m) Lump Sum Item LSE4.4 E4.4 : Structural Steelwork Contractor's Other Charges The Contractor shall enter hereunder any specific item of work or obligation or thing which is necessary for the execution of the Works, as required by the Contract, which has been omitted from or has not been separately itemised in this Lump Sum Breakdown and for which a separate charge is required. The unit of measurement for any Contractor's Other Charges shall be "sum", with Quantity and Rate columns entered with "N/A". ---------------------------------------------------------------------------------------------------------------- To Collection of Lump Sum Item LSE4.4 *** ----------- *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [STAMP]

  • Labor costs means total compensation of all employees, not to include compensation paid

  • LCC-300 Cost Centre G Terminus Building : E&M Works Lump Sum Breakdown G4 : Plumbing and Drainage Lump Sum Item LSG4.4 G4.4 : Cold Water Installation Contractor's Other Charges The Contractor shall enter hereunder any specific item of work or obligation or thing which is necessary for the execution of the Works, as required by the Contract, which has been omitted from or has not been separately itemised in this Lump Sum Breakdown and for which a separate charge is required. The unit of measurement for any Contractor's Other Charge shall be "sum", with Quantity and Rate columns entered with "N/A". sum *** *** *** ------------------------------------------------------------------------------------------------ To Collection of Lump Sum Item LSG4.4 *** ---------- *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [STAMP]

  • LCC-300 Cost Centre I EXTERNAL WORKS Lump Sum Breakdown I15 : Gas Main Lump Sum Item LSI15.1 I15.1 : Gas Main Contractor's Other Charges The Contractor shall enter hereunder any specific item of work or obligation or thing which is necessary for the execution of the Works, as required by the Contract, which has been omitted from or has not been separately itemised in this Lump Sum Breakdown and for which a separate charge is required. The unit of measurement for any Contractor's Other Charge shall be "sum", with Quantity and Rate columns entered with "N/A". ------------------------------------------------------------------------------------------------------------------- Total of Lump Sum Item LSI15.1 *** ------------ *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [STAMP]

  • LCC-300 Cost Centre F Terminus Building - ABWF Lump Sum Breakdown F5 : Shared Facilities Lump Sum Item LSF5.1 F5.1 : Shared Facilities - ABWF Dense concrete blockwork; compressive strength 7.0N/mm2 stretcher bond; in cement/lime mortar; flush pointed; as Appendix AA to Particular Specification, section F10 Thickness: 140mm, U511.1 vertical straight walls m2 *** *** *** Thickness: 140mm; 2 hours fire rating U511.2 vertical straight walls m2 *** *** *** Ancillaries U581 joint reinforcement; 24 gauge galvanised expanded steel mesh; 300mm wide m *** *** *** U583 movement joints; fire rated filler; 140 mm in depth; as Drawing nr LCC300/31/A24/154, 156 m *** *** *** U586 fixings and ties; galvanised mild steel dove tail ties m2 *** *** *** U589 head restraint; galvanised mild steel angle; 70 x 70 x 3mm thick; sleeved and dowelled into blockwork at 2000mm centres m *** *** *** PAINTING Emulsion paint; with one coat thinned with water in accordance with manufacturer's recommendation and two unthinned coats; as Appendix AA to Particular Specification, section M60 Plaster and render V543 surfaces inclined at an angle exceeding 60 degrees to the horizontal m2 *** *** *** -------------------------------------------------------------------------------------------------------------- To Collection of Lump Sum Item LSF5.1 *** ---------- *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [STAMP]

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Fully Burdened Manufacturing Cost means, with respect to any Licensed Product supplied by or on behalf of NVCR to Zai hereunder if such Licensed Product (or any precursor or intermediate thereof) is manufactured by a Third Party manufacturer [***].

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Additional Transportation Cost means the actual cost incurred for one-way Economy Transportation by Common Carrier reduced by the value of an unused travel ticket.

  • LCC-300 Cost Centre L : EPIW - STRUCTURE (OPTION 1) Lump Sum Breakdown L4 : Widening of Boundary Patrol Road (Area D) (EPIW) (Option 1) Lump Sum Item LSL4.7 L4.7 : Diversion of Utilities Method-Related Charges The Contractor shall enter hereunder in detail any method related charges items in accordance with CESMM3 Section 7 --------------------------------------------------------------------------------------------- To Collection of Lump Sum Item LSL4.7 *** ---------- *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [STAMP]

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Direct Costs means the sum of the following:

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;