Negotiated Billing Rates definition

Negotiated Billing Rates means the Fixed Hourly Rates of compensation established by mutual agreement between the parties in lieu of calculation by Direct Salaries and Salary Cost Factors, paid to the CONSULTANT’s and subconsultant’s employees for work directly performed on this AGREEMENT, inclusive of all salary, payroll-related taxes, payments, premiums, benefits, and indirect general and administrative costs.

Examples of Negotiated Billing Rates in a sentence

  • Following agreement on labor costs and direct non-labor expenses, Agency and Consultant shall negotiate profit for the WOC (except for Negotiated Billing Rates and “Related Services” WOC assignments based on low bid, each of which are inclusive of profit).

  • Following agreement on labor costs and ODCs, Agency and Consultant shall negotiate profit for the WOC (except for Negotiated Billing Rates and “Related Services” WOC assignments based on low bid, each of which are inclusive of profit).

  • The Parties amended the Contract under Amendment No. 2 to revise Exhibit 1 – Negotiated Billing Rates to replace the rates for “JLP” in the Contract with rates for “▇▇▇▇▇▇ Engineering Group Inc.

  • The Parties amended the Contract under Amendment No. 3 to revise Exhibit 1 – Negotiated Billing Rates to include the rates for “SMA Rail Consulting + IT, Corp.” and to revise Article 10, Subconsultants.

  • Total NTE Amount Total for contingency tasks: $ Definitions: FCCM – Facilities Capital Cost of Money NBR – Negotiated Billing Rates.

  • CONSULTANT SIGNATURE(s) Signature: Date: Name: Title: Signature: Date: Name: Title: AGENCY SIGNATURES Signature: Date: Name: Title: Signature: Date: Name: Title: Signature: Date: Name: Title: Definitions: FCCM – Facilities Capital Cost of Money NBR – Negotiated Billing Rates.

  • The Parties amended the Contract under Amendment No. 1 to revise Exhibit 1, Negotiated Billing Rates, to incorporate new billing rates for Rail Surveyors & Engineers, Inc., and to revise Section 8, Notification, to change the Consultant’s notification address.