Experience Formula Sample Clauses

The Experience Formula clause defines a method for calculating adjustments to contract terms, such as pricing or compensation, based on the actual experience or performance data gathered during the contract period. Typically, this clause applies to situations where costs or outcomes can vary, such as insurance premiums being recalculated based on claims history, or service fees being adjusted according to usage levels. Its core practical function is to ensure that contract terms remain fair and reflective of real-world results, thereby allocating risk more equitably between the parties and incentivizing accurate reporting and performance.
Experience Formula. Teachers new to the district shall be given credit for previous experience in public schools, accredited private schools, and higher education equal to nine
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Experience Formula. Teachers new to the district shall be given credit for previous related licensed work experience in public schools, accredited private schools, and higher education equal to nine (9) years. In addition, teachers new to the district shall also be allowed up to three (3) years for military experience. The present formula for evaluating teaching experience is as follows:
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Related to Experience Formula

  • STATEWIDE ACHIEVEMENT TESTING When CONTRACTOR is a NPS, per implementation of Senate Bill 484, CONTRACTOR shall administer all Statewide assessments within the California Assessment of Student Performance and Progress (“CAASPP”), Desired Results Developmental Profile (“DRDP”), California Alternative Assessment (“CAA”), achievement and abilities tests (using LEA-authorized assessment instruments), the Fitness Gram, , the English Language Proficiency Assessments for California (“ELPAC”), and as appropriate to the student, and mandated by LEA pursuant to LEA and state and federal guidelines. CONTRACTOR is subject to the alternative accountability system developed pursuant to Education Code section 52052, in the same manner as public schools. Each LEA student placed with CONTRACTOR by the LEA shall be tested by qualified staff of CONTRACTOR in accordance with that accountability program. ▇▇▇ shall provide test administration training to CONTRACTOR’S qualified staff. CONTRACTOR shall attend LEA test training and comply with completion of all coding requirements as required by ▇▇▇.

  • Payment Methodology The Grantee shall be reimbursed for actual, reasonable, and necessary costs based upon the Grant Budget, not to exceed the Maximum Liability established in Section 1. Upon progress toward the completion of the Scope, as described in Section A of this Grant Contract, the Grantee shall submit invoices prior to any reimbursement of allowable costs.