Overhead Factor definition

Overhead Factor and the "Principal's Flat Rate" shall include but are not limited to reimbursement of the following: - Social Security - General Office Expenses - Vacation, Holiday & Sick Pay - Dues & Subscriptions - Pension & Personal Insurance Plans - Profit - Local Telephone & Fax Service - Registration Fees - Insurance - Legal & Accounting Expenses - Postage & Shipping (see “C-2”) - Auto Expenses, Parking - Taxes - Travel Costs to locations within a 100 mile radius of Milwaukee - Office & Drafting Supplies - Repairs & Maintenance - Meals - Selling Expense - Use of ▇▇▇▇ Equipment and Systems (including drawing plots) - Office Rental - General Advertising - Miscellaneous Overhead For personnel changes during the term of this Agreement submit a new Attachment "B-1" within sixty (60) days of adding or deleting staff used or permanent classification changes. In case of added personnel or classification changes, the new "Direct Salary Rate/Hour" will not increase more than 10 percent (10%) above the rate previously listed for the specific classification being replaced.
View Source
Overhead Factor and the "Principal's Flat Rate" shall include but are not limited to reimbursement of the following: - Social Security - Office Utilities - Vacation, Holiday & Sick Pay - General Office Expenses - Pension & Personal Insurance Plans - Dues & Subscriptions - Local Telephone & Fax Service - Profit - Insurance - Registration Fees - Postage & Shipping (see "C-2") - Legal & Accounting Expenses - Taxes - Auto Expenses, Parking - Office & Drafting Supplies - Repairs & Maintenance - Meals - Selling Expense - Use of Cadd Equipment and Systems - Office Rental (Including drawing plots) - General Advertising - Miscellaneous Overhead For personnel changes during the term of this Agreement submit a new Form "B-1" within sixty (60) days of adding or deleting staff used or permanent classification changes. In case of added personnel or classification changes, the new "Direct Salary Rate/Hour" will not increase more then 10 percent above the Rate previously listed for the specific classification being replaced.
View Source

Examples of Overhead Factor in a sentence

  • It is understood and agreed that no direct charge will be made for labor or expenses included in the Overhead Factor.

  • H = Overhead Factor to be taken as 5 In case (A-B) is less than 0 (zero), value of (A-B) shall be taken as 0 (zero).

  • Corporate Overhead Factor $** per Annum Business Overhead Factor $** per Policy Corporate Overhead Factor $** per Annum Business Overhead Factor $** per Policy Corporate Overhead Factor $** per Annum The Service Charges will be determined quarterly and billed to the Company in three equal installments at the end of the month during the quarter.

  • Each monthly installment billed for a particular line of business will be determined by (a) multiplying the actual number of units at the beginning of the quarter covered by this Agreement times the Business Overhead Factor (divided by twelve), if applicable, and (b) adding the applicable Corporate Overhead Factor (divided by twelve).

  • Labor: Engineer Assistant Engineer ▇▇▇▇▇▇ Draftsman Typist If transportation is included in the Consultant Engineer’s Overhead Factor, a direct change should not be made for transportation.

  • For a given Business Overhead Factor (identified above in this Schedule C) the identified or allocated costs, as applicable, will be divided by the total number of remaining Reinsured Policies or Reinsured Contracts (as such terms are defined in the applicable Reinsurance Agreement), as applicable, and the Company’s current in-force business to derive an historical cost per unit.