RES 82456 - Laserfiche WebLink

Kennedy,/ e ' ks Engineers FIRM'S POLICIES FOR DETERMINING DIRECT [ tsto~, lca], bas.ls fcom ~egTe;Jatc~ ch~3l:ges a~3a iz~-; Satatj. es a~:e ~arged 3gai~sE job numbers fol head numbers for non-productive time, suc~ jonal &velopment, vacation, sick leave, ate. corpor~tion~ all personnel are compensated f.lt..es on ~sis of q~%lifications, ~perien~:e Sahry rates are for a 'normal 8 ho~ day~ 40 xH~t are paid at the time and one-half rate, >.r.:l i~fd at the regular rate for c~;ertime. 7be fj.r~, at its sole discretion~ determines ~he neF~,~ ;i'-. ;~i iii :ye o;c7 time work ia order to meet project schedules, it !s c=_~cen~iztx, ted thz~t overtime work will be required during the perforrna~ce of tile required services. Due to the nature of the principals' work, time Ys charged to overhead accounts, such as administration, client contact or profes~lo~at devel- opment. However, the demands of certain jobs r,_qu4r'e the unique exper- tise and experience that can only be provided by a princip¢~J. In such cases, their time is charged directly to the job. Ho~Lrly labor rates indicated in the budgets have been escalated to reflect the e~timated rates in effect at the midpoint o{ the project time period, Time charged to the project will b{, aL the actual rates ~n effect at the time the work is performed. Overhead charges are based on historic costs as applied to Job charged payroll. Overhead rates are periodicaJ]y audited ~y the EPI~ Audit Division for conformance with FPR's. The provisional rate used in form 5700-41 has b~en prepared rec!:g~dzlsg the most recent EPA audited figures whi'ch are based on hi~torjca] cests and management's estimate for the current year~ ~Lq ptovjde~ ~i~ Appendix C-l, this provisional rate will be modified 0y an amendment to each yearly or other agreed period, and either decxeased or increased to properl~ compensate for the total overhead costs to Kenl~edy/jenks Engineers for the period during which the work .!s ~'cfnrmed~