Direct Salary Expense definition

Direct Salary Expense or “DSE” means the actual gross salary, expressed on an hourly wage basis, of Design/Build Contractor’s and Project Architect’s employees and consultants directly engaged on the Project. For DSE purposes, Project Architect’s employees includes, but is not limited to, architects, officers, principals, engineers, designers, job captains, draftspersons, and specifications writers, who are performing consultation, research or design, or who are producing drawings, specifications, plans, or other documents pertaining to the Project, or who are performing services that are directly attributable to and necessary for the Project.
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Direct Salary Expense or “DSE” means the actual gross salary, expressed on an hourly wage basis, of Construction Manager’s salaried employees directly engaged on the Project. DSE does not include Allowable Employer Contributions or other employers’ contributions, or benefits costs or expenses excluded from Allowable Employer Contributions.
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Direct Salary Expense or “DSE” means the actual gross salary, expressed on an hourly wage basis, of Design/Build Contractor’s and Project Architect/Engineer’s employees and consultants directly engaged on the Project. DSE does not include the respective employers’ contributions for taxes (including federal and state unemployment, Social Security, Medicare, workers compensation), health and related insurance, pension / 401(k), and vacation/holidays. For DSE purposes, Project Architect/Engineer’s employees include, but are not limited to, architects, officers, principals, engineers, designers, job captains, draftspersons, and specifications writers, who are performing consultation, research, or design, or who are producing drawings, specifications, plans, or other documents pertaining to the Project, or who are performing services that are directly attributable to and necessary for the Project.
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Examples of Direct Salary Expense in a sentence

  • Employee Estimated Employer’s Monthly Contributions Monthly Salary Rate Name and Title Estimated Monthly Direct Salary Expense Federal & State Unemployment (Less than 1%) Social Security & Medicare (Less than 7.65%) Worker’s Compensation ($0 for ROCIP) Health & Insurance Pension / 401(k) Vacation / Holiday 1.

  • Employee Estimated Employer’s Monthly Contributions Monthly Salary Rate Name and Title Estimated Monthly Direct Salary Expense Federal & State Unemployment (Less Than 1%) Social Security & Medicare (Less Than 7.65%) Worker’s Compensation ($0 for ROCIP) Health & Insurance Pension / 401(k) Vacation / Holiday 1.

  • Records of Construction Manager’s costs, Reimbursable Expenses, expenses pertaining to Additional Pre-Construction Phase Services, and services performed on the basis of a Worker Wage Rate, Direct Salary Expense or Monthly Salary Rate (individually and collectively “Project Financial Records”) shall be kept on the basis of generally accepted accounting principles and in accordance with cost accounting standards promulgated by the Federal Office of Management and Budget Cost Accounting Standards Board.

  • Employee Estimated Employer’s Monthly Contributions Monthly Salary Rate Name and Title Estimated Monthly Direct Salary Expense Federal & State Unemployment (Less than 1%) Social Security & Medicare (Less than 7.65%) Worker’s Compensation Health & Insurance Pension / 401(k) Vacation / Holiday 1.

  • Compensation by the hour for time expended at an amount not to exceed 2.75 times the Direct Salary Expense for each person performing services.

  • Employee Estimated Employer’s Monthly Contributions Monthly Salary Rate Name and Title Estimated Monthly Direct Salary Expense Federal & State Unemployment (Approx.

  • Direct Salary Expense (“DSE”) is defined as the actual salaries of the Architect’s personnel directly engaged on the Project, expressed on an hourly wage basis prior to deductions for employment taxes and employee-paid benefits.

  • Sole Proprietor Signature Printed Name Sole Proprietor Date Addendum 1 Direct Salary Expense Hourly Rates for Additional Services: Time shall be computed at a fixed rate.

  • Employee Estimated Employer’s Monthly Contributions Monthly Salary Rate Name and Title Estimated Monthly Direct Salary Expense Federal & State Unemployment (Less Than 1%) Social Security & Medicare (Less Than 7.65%) Worker’s Compensation Health & Insurance Pension / 401(k) Vacation / Holiday 1.

  • Direct Salary Expense (“DSE”) is defined as the actual salaries of the PSP’s personnel directly engaged on the Project, expressed on an hourly wage basis prior to deductions for employment taxes and employee-paid benefits.

Related to Direct Salary Expense

  • Travel Expenses means any costs incurred by Licensor associated with the transportation, storage or lodging of equipment, supplies, Licensor employees and other items necessary for business use from Licensor headquarters to Licensee’s facilities. Travel expenses may include, but are not limited to airfare, hotel costs, and meals if applicable. Any travel expenses paid by the Licensee shall be paid at allowable government travel rates consistent with Management Directive 230.10, unless otherwise first approved by the Licensee’s authorized representative.

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Direct Costs means the sum of the following:

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Company Expenses has the meaning provided in Section 8.3.

  • Covered Expense means expense incurred only for the following:

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Extraordinary Expenses means all expenses incurred by the Fund outside of the ordinary course of its business, including, without limitation, costs incurred in connection with any claim, litigation, arbitration, mediation, government investigation or dispute and the amount of any judgment or settlement paid in connection therewith, or the enforcement of the Fund’s rights against any person or entity; costs and expenses for indemnification or contribution payable by the Fund to any person or entity (including, without limitation, pursuant to the indemnification obligations contained in the Trust Instrument); expenses of a reorganization, restructuring or merger of the Fund; expenses of holding, or soliciting proxies for, a meeting of shareholders of the Fund; and the expenses of engaging a new administrator, custodian, transfer agent, escrow agent or other major service provider.