Types of Payment Rates. There are three types of payment rates: standard payment rates, blended payment rates, and Keystone STARS add-on rates. Payment rate details and example calculations are provided in Appendix F – Payment Rate Calculations.
Types of Payment Rates Sample Clauses
Related to Types of Payment Rates
FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.
RATES OF PAYMENT B3.1 Current Contract Rates. Included Timber that is removed by Purchaser and presented for Scaling in the product form stated in A2 shall be paid for at Current Contract Rates determined under this Section. “Current Contract Rates” shall be (a) Flat Rates and (b) Tentative Rates adjusted by the escalation procedures in B3.2. Flat Rates and Tentative Rates shall be those listed in A4, unless superseded by rates redetermined under B3.3 or established for Contract Term Extension. In addition, Re- quired Deposits shall be made as listed in A4, C5.32, and C6.816, or established under B3.3 or B8.23. In the event Termination Date is adjusted under B8.21 or B8.212, Current Contract Rates shall be contin- ued in the same manner as immediately prior to the ad- justment period. Notwithstanding B8.23, Current Contract Rates for timber cut and removed from Sale Area that remains un- scaled after Termination Date, as adjusted or extended, shall be Current Contract Rates in effect on Termination Date. “Current Contract Value” is the sum of the products of Current Contract Rates and estimated remaining un- scaled volumes by species of Included Timber meeting Utilization Standards.
Calculation of Payments The State shall use the fee schedule set forth in Attachment E to the contract (Fee Schedule) in determining the value of the work performed up to the time of termination. In the case of partially completed engineering services, eligible costs will be calculated as set forth in Attachment E, Fee Schedule. The sum of the provisional overhead percentage rate for payroll additives and for general and administrative overhead costs during the years in which work was performed shall be used to calculate partial payments. Any portion of the fixed fee not previously paid in the partial payments shall not be included in the final payment.
WAGES AND RATES OF PAY 7.01 Wage Schedules applicable to various job classifications are as set forth in Schedule “A”.
CLASSIFICATIONS AND RATES OF PAY Subd. 1.
JOB CLASSIFICATIONS AND RATES OF PAY 7.01 Employees shall be classified and paid in accordance with Schedule "A" which is attached to this Agreement and forms a part of it.
Premium Rates of Pay (A) Overtime Overtime at the rate of one and one-half (1.5) times the appropriate stat holiday rate shall be paid to an employee for all hours of overtime worked on the paid holiday. (Reference Article 27.05 – Overtime Pay Calculation.)
Rates of Pay Employees will be paid in accordance with the rates of pay negotiated by the parties of this agreement. The applicable rates of pay are recorded as Appendix A (Wage Grid) of this agreement.
Pay Rates Unit members must have been on an active status for a minimum of six
TERMS OF PAYMENT 16.1 The Supplier shall request for payment by submitting invoice(s), delivery note(s) and any other relevant documents as specified in the SCC to the Procuring Entity.
