Standard Billing definition
Examples of Standard Billing in a sentence
The Standard Billing Rates include all General and Administrative Overhead; all Contractor administrative functions are understood to be compensated through the factor applied to determine the Standard Billing Rates, and only administrative assistance that is in direct support of production of the deliverables in the Scope of Work will be compensated on an hourly basis.
During each yearly anniversary of the Term of this Contract, Contractor may only increase the Standard Billing Rates for labor set forth on Attachment B by the lesser of (i) three percent (3%) or (ii) the average percentage change in the annual Consumer Price Index Northeast for all urban consumers (CPI-U) (1982-1984) over the then current contract year (CPI).
After the one-time advance request is submitted, subsequent ▇▇▇▇▇▇▇▇ follow requirements to the Standard Billing format detailed above.
In performing the Contract Scope of Work, the Contractor will be compensated on an Hourly Basis for labor, with a Not-To-Exceed (NTE) amount of [$---------] ( dollars) in accordance with the Contractor’s Standard Billing Rates (Attachment B) and on an incurred basis for Reimbursable Expenses in accordance with Contractor’s Reimbursable Expense Schedule (Attachment C), subject to any NTE amounts included in Attachment C.
For Standard Billing Cycles, Monthly Service Term begins on the first day of the month and ends on the last day of the month.
Standard Billing Rates: These standard billing rates for relevant labor grades may be subject to adjustments upon mutual agreement of the Parties, on an annual basis.
Holiday Hour Rates are calculated by multiplying the Standard Billing Rate by two (2) times, with a one (1) hour minimum requirement.
Under the Standard Billing Option, Supplier agrees to separately ▇▇▇▇ Customers for the cost of Supplier Service provided by the Supplier and for the collection of amounts due to the Supplier from the Customer.
If Carrier is unable to obtain the number of agreed upon NXX codes in an NPA, its obligation to convert from Reverse Billing to Standard Billing in that NPA, and Ameritech’s right to convert Carrier from Reverse Billing to Standard Billing in that NPA, shall be delayed until a date which is ninety (90) days after Carrier is able to obtain newly available NXX codes in that NPA, whether by means of an NPA split, an NPA overlay or otherwise.
In no event shall a shortage of NXX codes in one NPA delay Carrier’s obligation to convert from Reverse Billing to Standard Billing in any other NPA.