Markup definition

Markup means all costs a Contractor will incur beyond the hourly wage rate paid to a Consultant. This may include, but is not limited, to statutory requirements (e.g., FICA, FUTA, SUTA, Worker’s Compensation, etc.), overhead, recruiting costs, training, visa sponsorship, and profit. The Contractor’s Markup is set forth in Appendix D. “May” denotes the permissive in a contract clause or specification. Also see “Will.”
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Markup means an amount charged by contractors or consultants beyond the actual cost of labor, equipment, or materials, for management, supervision, or administration of the corrective action activities performed.
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Markup of Other Direct Costs is prohibited (reference paragraph C8).
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Examples of Markup in a sentence

  • Possesses skills and knowledge of Enterprise Application Integration (EAI) methodologies and processes such as object-oriented programming, distributed, cross-platform program communication using message brokers with Common Object Request Broker Architecture, enterprise-wide content and data distribution using common databases and data standards implemented with the Extensible Markup Language (XML), middleware applications and message queuing approaches.

  • In this example, if one of the specialty items cost Vendor $100 from the manufacturer and Vendor proposed a Percentage Markup of 30% here, then Vendor could sell the item to the TIPS Customer for $130.00 or less in this example.

  • Markup for Cash Allowance overages GC 6.1.4 Refer to Information Sheet in Master Roster Agreement.

  • Mark-up is not allowed when using intergovernmental resources to complete work and will not be accepted.

  • Only one bid was received and opened on September 7, 2023, and is summarized as follows: Supplier Markup Over Daily Rack Average (Cents) SCOC .1308 The lowest responsive bid, based on markup over daily rack average was submitted by SCOC.


More Definitions of Markup

Markup shall have the meaning set forth in Section 4.1(a).
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Markup means all costs a Bidder will incur beyond the Hourly Wage Rate paid to a Candidate. This may include, but is not limited, to statutory requirements (i.e.: FICA, FUTA, SUTA, Worker’s Comp, Living Wage, etc.), overhead, recruiting costs, training, visa sponsorship, and profit.
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Markup means the Contractor’s price to cover all costs associated with providing Fuel to State and Customer facilities as more particularly detailed in section 6.10. Markup will mean both positive and negative numbers. Markups may differ based on where the Fuel is obtained according to the Fuel terminals and actual type of Fuel ordered. Markup for Fuel shall be on a price per gallon basis. The Contractor shall assess no other fees associated with the delivery of Fuel except as more particularly detailed in section 6.12.
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Markup means the markup described in clause 1.1 of Schedule “B”;
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Markup means the interest rate offered by {BBO} on day end balance of amount laid with {BBO} provided by GoPb for disbursement.
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Markup means wherever such term is used, overhead and profit equal to ten percent (10%) of the Company’s actual internal direct labor costs (i.e., Company or Affiliate employee wages or prorated salaries), including fringe benefits, directly attributable for the specific Work that is the subject of or basis for the Markup relative to the Change in Law. The term “Markup” includes no overhead and profit on any other service or obligation, equipment, tools, materials, supplies and Work other than that specifically recognized in the first sentence of this definition.
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Markup means the percentage markup for each drug based on the acquisition cost of the drug as set out below: (i) acquisition cost between $0.00 - $6.30 30% mark up (ii) acquisition cost between $6.31 - $15.80 15% mark up (iii) acquisition cost between $15.81 - $200.00 10% mark up (iv) acquisition cost over $200.00 - $20.00 mark up
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