Labor Surcharge and Equipment Rental Rates (Cost of Equipment Ownership).
Labor Surcharge. The labor surcharge compensates the contractor for statutory payroll items stipulated by various governmental agencies. The six items included are Workers' Compensation, Social Security,Medicare, Federal Unemployment, State Unemployment, and State Training taxes. The general rates an average of the job classifications common to Caltrans projects. Changes to the labor surcharge in the April 1, 2009 book were the result of an increase in Worker's Compensation rates. The rates were derived from using the pure premium rate approved by the Insurance Commissioner effective January 1, 2009 and increasing it by the historical statewide average expense. In the calculation of the labor surcharge for overtime work, the Worker's Compensation is not included on the premium portion of overtime, as provided by Worker's Compensation regulations.
The surcharge percentage to be applied to the actual wages paid as provided in Section 9-1.03A(1b)of the Standard Specifications will be 11 percent for regular time (RT) and 11 percent for overtime (OT).Exceptions to the general rate are listed below. The classifications were chosen because of very high Workers' Compensation Insurance costs. Questions, regarding workers compensation rating and proper labor surcharge usage, will be forwarded to the rental rate personnel in the Division of Construction
| Price | $11.95 |
|---|---|
| Customer Service | Customer ServiceWe're Here To Help Call us anytime during our customer service hours... Monday through Friday - 8:30 am to 4:30 pm (Pacific) Order Questions: TOLL FREE, 800-273-7375 (Outside the U.S. call 818-887-7828). Our Address: 8001 Canoga Avenue Canoga Park, CA 91304 US Phone: 800-275-2665 E-mail: sales@buildersbook.com
|
| Description | Changes to the equipment rates in the April 1, 2009 book were the result of: 1) fuel costs increased;2) interest rates increased; 3) Producers' Price Index increased; 4) sales tax increased; and 5) no change in freight (F.O.B.) rates. Labor Surcharge. The labor surcharge compensates the contractor for statutory payroll items stipulated by various governmental agencies. The six items included are Workers' Compensation, Social Security,Medicare, Federal Unemployment, State Unemployment, and State Training taxes. The general rates an average of the job classifications common to Caltrans projects. Changes to the labor surcharge in the April 1, 2009 book were the result of an increase in Worker's Compensation rates. The rates were derived from using the pure premium rate approved by the Insurance Commissioner effective January 1, 2009 and increasing it by the historical statewide average expense. In the calculation of the labor surcharge for overtime work, the Worker's Compensation is not included on the premium portion of overtime, as provided by Worker's Compensation regulations. The surcharge percentage to be applied to the actual wages paid as provided in Section 9-1.03A(1b)of the Standard Specifications will be 11 percent for regular time (RT) and 11 percent for overtime (OT).Exceptions to the general rate are listed below. The classifications were chosen because of very high Workers' Compensation Insurance costs. Questions, regarding workers compensation rating and proper labor surcharge usage, will be forwarded to the rental rate personnel in the Division of Construction |
-
![Labor Surcharge and Equipment Rental Rates (Cost of Equipment Ownership).]()
Labor Surcharge and Equipment Rental Rates (Cost of Equipment Ownership).Special Price $10.75 Regular Price $11.95
