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, ---- --- i <br /> •i <br /> BLANK , .WES5ELINK , COOK & ASSOCIATES , INC .� <br /> . HARRY M.CAOK ' <br /> , Roe�M.Dun <br /> A R C H 1 T E C T S ENCLOSURE ��ErttD.Gl•cmrE <br /> E N C 1 N E E R S scmr D.tGCHrEa <br /> TECHNICAL PAYROLL COSTS TIMES A FACTOR <br /> PLUS DIRECT REIMBURSABLE EXPENSES <br /> TIMES A MULTIPLIER � <br /> This enclosure has�been prepared��to define the mefhod of Eornpensation-for services based-upoFl TECHnI�cAt <br /> PAYROLL COSTS TIMES A FACTOR PLUS DIRECT RE/MBURSABLE EXPENSES TIMES A MULTIPLfER. ' <br /> Compensation for all employees working on the projecf shall be based upon Technical Peyroll Cosfs Times a ' <br /> Factor. Direct relmbursable expenses wlll be invoiced on costs�mes a multipller bas(s. '; <br /> Daily time and reimbursable expense records are maintained for all manhours and reimbursable expenses �' <br /> committed to the project. Invofces are submitted monthiy for the work completed in the previous month; payment � <br /> is due within thirly days from date of invoice. ; <br /> Technica!Payroi!Costs,Factor,and Dlrect Refmbursable F�rpenses are defined as foliows: <br /> DEFINIT/ONS OF STANDARD TERMS AND EXPLANATORY NOTES <br /> TECHN/CAL PAYROLL COSTS <br /> The Technical Payroll Cosfs used as a basis for payment shall mean the actual salartes and wages paid to � <br /> employees engaged directly on the project, plus the cost of fringe benefits including, but not limited to: Social <br /> Securiiy contributions; unemployment, excise and payroll texes;workmen's compensatlon; health and retirement <br /> beneflts;and sick leave,vac�tivn and holiday pay applicable thereto. • <br /> In order to calculate Technical Payroll Costs used as a basis for payment, the cost of fringe benefds that are <br /> added to salaries and wages paid to employees is 35 percent of the cost of said salaries and wages. . <br /> BWC's overtime salary rates for ail employees are 1-1/2 times the straight time salary rates. � <br /> TECHNlCAL PAYROLL COST FACTOR I <br /> The Technlcal Payroll Cosf Factor provides for Englneer's Generai Overhead Costs and Pro�rt and Is applied to !, <br /> Technfcal Payro/l Costs. The present Technlcal Payroll Cosf Factor Is 2.1'I. <br /> . A factor of 1.25 shall be applicable to fhe prem(um pbraon of overtime salary ra#es. , <br /> � DlRECT REIMBURSABL.E EXPENSES � I <br /> A listing of Dfrect Reimbursab/e Expenses not tnciuded in Genera!Ovefiead is enclosed as ArracHneeNT A. � <br /> � MULTIPLIER <br /> A Mu�iplier of 1.00 is used to provide for handling costs of Dlrect ReJmbursable Expenses. � <br /> � <br /> z�a�s�e�.�oroo Page 1 of 2 I <br /> 2623 E�ST PERSHING ROAD • P. O. BOX 2910 • DECATUR, Il 62524-2910 <br /> PHONE: 217/428-0973 • FAX: 21 7/428-8934 • www.bwcinc.com I <br />