Home Office Overhead definition

Home Office Overhead means that portion of Contractor business costs necessary to operate the business entity that are not specifically related to the Work but are properly allocable to this Contract. Such costs include, but are not limited to, those associated with office and office personnel salaries and related payroll taxes and benefits; costs of office occupancy and maintenance, all supporting services (such as utilities, office equipment, computers, and similar items) related to the home office function; business taxes and licenses; and all such other costs necessary to operate the business entity.
View Source
Home Office Overhead means that portion of Contractor business costs necessary to operate the business entity that are not specifically related to the Work but are properly allocable to this Contract. Such costs include, but are not limited to, those associated with office and office personnel salaries and related payroll taxes and benefits; costs of office occupancy and maintenance, all supporting services (such as utilities, office equipment, computers, software, and similar items) related to the home office function; business taxes and licenses; leased or owned vehicles (including vehicle allowances); and all such other costs necessary to operate the business entity.
View Source

Examples of Home Office Overhead in a sentence

  • SUB 1 The Parties will establish in a Delivery Order the specific Consultant Personnel, if any, that will be billed at the Home Office Overhead Rate; otherwise, Consultant Personnel providing Services under a Delivery Order will be deemed to be billed at the Field Office Overhead Rate.

  • Home Office Overhead Cost of holding company shall not to include as Operating Cost.

  • Home Office Overhead: The ▇▇▇▇ Contractor’s home office overhead that will be attributed to the Project.

  • Conformed - Auaust 31.2016 ptANNiw*wm.orMefn-(mour TM e) If at any time the LAWA Project Management team determines the need to have staff off site, a Home Office Overhead Rate will be used.

  • Home Office Overhead: 15% of Items I through 7 and 5% of Item No. 8 10.

  • The following Overhead Rates will apply to compensation under this Agreement: Consultant Field Office Overhead Rate Home Office Overhead Rate The Parties will establish in a Delivery Order the specific Consultant Personnel, if any, that will be billed at the Home Office Overhead Rate; otherwise, Consultant Personnel providing Services under a Delivery Order will be deemed to be billed at the Field Office Overhead Rate.

  • On a change to the Contract Price or any other claim for money by the Contractor, City will only pay Overhead, including Home Office Overhead, Site or Field Office Overhead, and unabsorbed home office overhead, and Profit pursuant to the Overhead and Profit ▇▇▇▇▇▇▇ set forth herein.

  • In addition to the above, whether treated as Site or Field Office Overhead or as Home Office Overhead, costs of any and all bonds, insurance(s), and taxes, other than retail sales tax, associated with this Contract are to be considered as Overhead.

  • The rate for Home Office Overhead should be included and a separate Field Overhead Rate should also be included if field operations are an offered client service or if the consultant has been selected for a service involving field services.

  • On a change to the Contract Price or any other claim for money by the Contractor, the County will only pay Overhead, including Home Office Overhead, Site or Field Office Overhead, and unabsorbed home office overhead, and Profit pursuant to the Overhead and Profit Markups set forth herein.