Specified Rate definition
Examples of Specified Rate in a sentence
NOTE: For Cost Plus Fixed Fee, Specified Rate, and Unit Cost - Miscellaneous other direct expenses up to $100 per unit will be reimbursed at cost if approved and documented in advance by the State's Project Manager.
For Cost Plus Fixed Fee, Specified Rate, and Unit Cost - Fixed cost items to be billed at the fixed cost rate.
Such interest is payable on demand and will accrue on such amount from day to day at the Specified Rate for that day from the date such amount is due for payment up to the date of actual payment, before and (as a separate and independent obligation) after judgment and if not paid at the end of a 30 day period will itself bear interest in accordance with this clause.
NOTE: For Cost Plus Fixed Fee, Specified Rate, and Unit Cost - Miscellaneous other direct expenses up to $150 per unit will be reimbursed at cost if approved and documented in advance by the State's Project Manager.
DIRECT LABOR LABOR/STAFF CLASSIFICATION YEARS OF EXPERIENCE HOURLY CONTRACT RATE Specified Rate Payment Basis - Contract rates to be billed.