Labor Multiplier definition

Labor Multiplier is defined as a percentage of Direct Labor Costs calculated to cover taxes, payments, and premiums measured by or applicable to such wages or salaries, including, but not limited to, statutory insurance programs, employer provided employee benefit programs, administrative overhead, and profit.

Examples of Labor Multiplier in a sentence

  • In its consideration of a higher Direct Labor Multiplier, profit is capped at a maximum of 10%.

  • Upon acceptance by the City, the higher or adjusted Direct Labor Multiplier shall be listed in the first LOA and will be used throughout the duration of the Contract.

  • Based on its audit, the City will either accept the proposed Direct Labor Multiplier or offer an adjusted Direct Labor Multiplier to remove any unacceptable overhead costs.

  • Payment basis may be either (a) Billing Rates for Principals and actual pay rates times the Direct Labor Multiplier set forth in Exhibit “C” for employees of Architect/Engineer and all Architect/Engineer Subcontract firms, plus Reimbursable Expenses and other Subcontract Costs, or (b) a lump sum that does not exceed an estimate of the services.

  • To the extent that the amount charged to Owner with respect to employee bonuses pursuant to the Non-Craft Labor Multiplier is greater than the aggregate amount of employee bonuses paid to Dedicated Personnel, such excess amount shall be reimbursed to Owner no later than ten (10) days after the due date for such information to be provided to Owner.

  • If the Architect/Engineer or any Architect/Engineer Subcontract firm has an audited overhead rate that results in a multiplier that exceeds ------ times the direct labor rates of its employees, the Architect/Engineer or Architect/Engineer Subcontract firm has the option to submit the audit results and all backup data to the City for additional audit and consideration of the higher Direct Labor Multiplier.

  • The Direct Labor Multiplier for all Architect/Engineer and Architect/Engineer Subcontract Firm non-principal employees shall be --.

  • The cost of Contractor Required Insurance other than Owner Reimbursed Insurance shall not be an Out-of-Pocket Cost; provided, however, that: (a) Contractor shall be entitled to recover the cost of certain insurance coverage (as identified in Schedule 10.2) pursuant to the Non-Craft Labor Multiplier; and (b) to the extent the cost of any insurance coverage is included as a component of the Non-Craft Labor Multiplier, such cost shall not be reimbursed as an Out-of-Pocket Cost.

  • FDOT Permitting 2 7 0 6 6 4 0 3 8 20 $272.40 $855.70 $803.58 $2,524.32 Total 9 6 10 3 28 $1,128.10 $3,327.90 Labor Multiplier 2.95 Task Task Name Total 1 2 3 4 5 Project Initiation and Coordination Construction Documents Permitting Bidding Assitance Construction Phase Services Original Contract $1,263.78 $16,352.46 $787.95 $361.08 $4,862.19 Amendment 1 $3,327.90 Total (including Amendment 1) $26,955.36 □ Exhibit I Page 9 of 21 August 25, 2014‌ ▇▇.

  • The Direct Labor Multiplier for all Architect/Engineer and Architect/Engineer Subcontract Firm non-principal employees shall be 2.5. This multiplier is not subject to audit.