PRICING OF After Hours Coefficient Clause Samples
The "PRICING OF After Hours Coefficient" clause defines how prices are adjusted for services or work performed outside of standard business hours. Typically, this clause specifies a multiplier or additional fee that is applied to the base rate when work is required during evenings, weekends, or holidays. For example, if a technician is called in after regular hours, the cost may be increased by a set percentage or factor. The core function of this clause is to ensure fair compensation for after-hours work and to clearly communicate the cost implications to both parties, thereby preventing disputes over unexpected charges.
PRICING OF After Hours Coefficient. What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? Remember that this is a ceiling price proposed. You can discount to any TIPS Member customer a lower coefficient than your proposed contract coefficient, but not higher. This is one of three pricing questions that are required for consideration for award on this solicitation. Please consider your answer carefully. An explanation of the TIPS scoring of pricing titled "Pricing Coefficient Instruction" is included in the attachments for your information. The below is an EXAMPLE of how the pricing model works (It is not intended to influence your proposed coefficient, you should propose a coefficient that you determine is reasonable for your business for the life of the contract): The most common after hours coefficient is time and a half of the RS Means Unit Price Book prices. To illustrate this coefficient, if your regular hours coefficient is .95, your after hours coefficient would be 1.45. 1.5
PRICING OF After Hours Coefficient. What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours?
PRICING OF After Hours Coefficient. What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours?
1. 375 If any materials being utilized for a project cannot be found in the RS Means Price Book, this question is what is the markup percentage on those materials? When answering this question please insert the number that represents your percentage of proposed markup. Example: if you are proposing a 30 percent markup, please insert the number "30". Remember that this is a ceiling markup. You may markup a lesser percentage to the TIPS Member customer when pricing the project, but not a greater percentage. EXAMPLE: You need special materials that are not in the RS Means Unit Price Book for a project. You would buy the materials and mark them up to the TIPS Member customer by the percentage you propose in this question. If the materials cost you, the contractor, $100 and you proposed a markup on this question for the material of 30 percent, then you would charge the TIPS Member customer $130 for the materials. Do you offer additional discounts to TIPS members for large order quantities or large scope of work? Yes Company years experience in this category of goods or services?
PRICING OF After Hours Coefficient. What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? PRICING for Markup of Non-Prepriced Items in RS Means Unit Price Book What is your proposed Markup Percentage on materials not found in the RS Means Price Book?