Labor Rate definition

Labor Rate means the hourly amount that must be paid to individuals performing Contract Work under Sections 220 and/or 230 of the Labor Law of the State of New York or any other applicable prevailing wage law at the time the Work is performed. All payments to Contractor for Contract Work done on a labor or “Time” basis (“Time and Materials” “or “T&M”), shall be based on the Labor Rate for an individual multiplied by the number of hours worked and increased by the Percentage Mark‐Up bid by the Contractor.

Labor Rate means Direct Labor Rate or the actual labor rate component of a Billing Rate, as applicable.

Labor Rate means the average of the premium regular hourly wage rate, (without fringe benefits) plus any taxes applicable thereto, (1) for a porter and (2) for an office cleanex, xxxermined as follows:

Examples of Labor Rate in a sentence

• Upon request of the OCO, the contractor will be required to provide supporting documentation for such rates, which may include a cost element breakdown of each Loaded Hourly Labor Rate (including profit) in accordance with the contractor’s cost accounting system, as well as any other supporting information the OCO deems necessary.

• Upon request of the OCO, the contractor will be required to provide supporting documentation for such rates, which may include a cost element breakdown of each Loaded Hourly Labor Rate (including profit) in accordance with the contractor’s cost accounting system, as well as any other supporting information the OCO deems necessary (see Article G.7.2.f).

• The Hourly Labor Rate cannot exceed the Master Contract Rate, but may be lower.

• For emergency work outside normal work hours, the Contractor shall use the fixed labor rates for Evening/Weekend work as identified in the Fixed Labor Rate tables in Section B of the contract.The COR will accompany the Contractor to inspect finished emergency Task Order work upon notification by the Contractor that work is complete before the Contractor is released.

• Cost-Reimbursement task orders: Labor Categories, SOC Number, and Direct Labor Rate for each Task Order Labor Category.

More Definitions of Labor Rate

Labor Rate for any Operation Year shall mean the Hourly Wage Rate for workers classified as "Others."

Labor Rate means the hourly amount that must be paid to individuals performing Contract Work under Sections 220 and/or 230 of the Labor Law of the State of New York or any other applicable prevailing wage law at the time the Work is performed. All payments to Contractor for

Labor Rate means the hourly rate which is calculated by dividing the annual employment-related direct costs incurred by a party for any employee performing services under this Agreement by 2,080 hours.

Labor Rate means the Contractor’s hourly rate of billing (as stated in the contract Fees and Costs Schedule) of a Contractor’s employee for the time during which such employee is actively performing a service of benefit to the City, and directly chargeable to this contract.

Labor Rate means the average hourly cost, inclusive of allocations and apportionments of taxes and fringe benefits incident, applicable, allocable or reasonably related thereto, for an hour's work by a pxxxxx engaged to work full time, based on the minimum regular hourly wage rate for such employment, including the amount of any sales taxes assessed with respect to such wages and paid by Landlord if Landlord retains an independent contractor to provide cleaning services, determined as follows:

Labor Rate means, for any given calendar year, the annual average hourly amount actually paid by BCBSSC during the immediately preceding calendar year as Compensation to the non-management personnel, including contract programmers, who provide implementation services and/or support services on behalf of BCBSSC and the customers of BCBSSC. As used herein, "Compensation" includes all amounts reasonably related to the cost to BCBSSC of such non-management personnel, including contract programmers, (such as wages, bonuses and other wage and employment related taxes and benefits customarily awarded to BCBSSC employees).

Labor Rate means the labor rates by category as shown on Exhibit B attached hereto and, by reference, incorporated.