Fixed Hourly Rate definition
Examples of Fixed Hourly Rate in a sentence
The expansions will be carried out at the Fixed Hourly Rate or, if agreed upon, at a mutually agreed fixed contract amount.
Upon submission of necessary documentation by the Subcontractor, the parties may negotiate the Fixed Hourly Rate for the additional category for inclusion in Appendix E or Appendix G by a modification to this agreement.
During the 1990 negotiations the Company and the Union agreed to alter the method of payment of the Direct Labour Incentive Employees by removing the Wage Incentive Plan and replacing it with a "Fixed Hourly Rate" It is understood by the parties that the rates established during the 1990 negotiations are paid for the full production day.
If no further elaboration is specified in the Agreement between the Parties, requests from the Customer to the Provider will be charged at the Fixed Hourly Rate.
The Maximum Number of Hours within this Budget is the amount of the Budget divided by the Fixed Hourly Rate.
The parties may then agree to increase the Budget or reconcile the additional hours according to the Fixed Hourly Rate.
Maximum Fixed Price basis: Fixed Hourly Rate shall be used to calculate the Maximum Fixed Price for all approved Change Orders provided during the term of the agreement.
Time & Materials basis: Contractor shall use the Fixed Hourly Rate for developing price quotes for Change Orders during the term of the agreement and any Change Orders shall be approved by DBH in writing prior to products being provided or services being performed.
During the period from July 01, 2004 to June 30, 2005, the Fixed Hourly Rate shall be Two Hundred Ten Dollars ($210).
All other professional services for Optima 3 IMS, including, without limitation, Custom Programming Modifications, shall be provided by CONTRACTOR at the Fixed Hourly Rate of Two Hundred Dollars ($200.00) through June 30, 2004.