R2001-95 ACCEPTING PROPOSAL AND AUTHORIZING NEGOTIATION OF CONTRACT

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� � ENCLOSURE1 SALARY COSTS TIMES A FACTOR PLUS DIRECT REIMBURSABLE EXPENSES TIMES A MULTIPLIER This enclosure has been prepared to define the method of compensation for services based upon SALARY COSTS TIMES A FACTOR PLUS DIRECT REIMBURSABLE EXPENSES T/MES A MULTIPUER. Compensation for all employees working on the project shall be based upon Salary Costs Times a Factor. Direct reimbursable expenses will be invoiced on a cost times a multiplier basis. Daily time and reimbursable expense records are maintained for all manhours and reimbursable expenses committed to the project. Invoices are submitted monthly for the work completed in the previous month; payment is due within thirty days of date of invoice. Salary Costs, Factor, and Direct Reimbursable Expenses are defined as follows: DEFINITIONS OF STANDARD TERMS AND EXPLANATORY NOTES II $ALARY COSTS The hourly salary rate used as a basis for payment shall mean the actual salaries and wages paid to hourly and yearly salaried employees engaged directly on the project, including, but not limited to, engineers, architects, designers, drafters, specification writers, estimators, surveyors, other technical personnel, stenographers, typists, and clerks. BWC's overtime salary rates for all employees are 1-1/2 times the straight time salary rates. FACTOR Factor as used provides for Enginee►'s General Overhead Cosfs and Salary Overhead Cost (Cost of Fringe Benefits) and Profit. Our current salary cost factor is 2.85. (A salary cost factor of 1.25 shall be applicable to the premium portion of overtime salary rates.) DIRECT REIMBURSABLE EXPENSES A listing of Direct Reimbursable Expenses not included in General Overhead is enclosed as AnACHnnENT A. MULTIPLIER A Multiplier of 1.10 is used to provide for handling costs of Direct Reimbursable Expenses.