SAMPLE RATE SHEET - CONSULTING PER HOUR

To use this spredsheet, please fill in the fields that are highlighted in YELLOW

What is the annual salary for

consultant 1 (Civil Service)? $ -
What is the annual salary for
consultant 2 (Faculty / P&A)? $ -

P&A Grad What is the annual salary for

+ Salaries
Civil Service Consultant (per hour)
P&A Supervisor (per hour)
Grad Assistant (per hour)
+ Fringe
Civil Service Consultant (per hour)
P&A Supervisor (per hour)
Grad Assistant (per hour)
Civil Service Supervisor Assistant consultant 3 (Grad Assistant)? $ -
-
-
-
Use appropriate fringe rate for each job class
See website at: www.umn.edu/ohr/payroll
- 40.1% * salary from above (2010 Rates)
- 33.3% * salary from above
- 25% * salary from above

+ Supplies (estimated per hour) - - -

= Total Service Costs - - -

(Subject to overhead charges)

+ Overhead - - - Actual University overhead rate is 63%

(Total service costs * Overhead rate)

+ Equipment Use Costs (estimated) - - -

Per hour depreciation, maintenance, etc
allocated based on total usage

= Total Costs (per hour) - - -

+ Profit (to bring price to market rate) - - -

= Total Price Charged to Customer $ - $ - $ -

(Per hour)

Market Rate Comparison $ - $ - $ -

Source of Market Rate Comparison

(ie, bls.gov, competitor's quote, etc.)
SAMPLE RATE SHEET - CONSULTING PER PROJECT
To use this spredsheet, please fill in the fields that are highlighted in YELLOW

What is the annual salary for

consultant 1 (Civil Service)? $ -

Applicable to all What is the annual salary for

Off-campus On-campus Projects consultant 2 (Faculty / P&A)? $ -
What is the annual salary for
Number of Hours Required for Project consultant 3 (Grad Assistant)? $ -
Civil Service Consultant 0 0 0
Faculty / P&A 0 0 0
Grad Assistant 0 0 0

+ Salaries
Civil Service Consultant (total time) - - -
P&A Supervisor (total time) - - -
Grad Assistant (total time) - - - Use appropriate fringe rate for each job class
See website at: www.umn.edu/ohr/payroll
+ Fringe
Civil Service Consultant (total time) - - - 40.1% * salary from above (2010 Rates)
Faculty / P&A (total time) - - - 33.3% * salary from above
Grad Assistant (total time) - - - 25% * salary from above

+ Supplies (estimated) - - -

+ Allocation of General Costs - - - Applicable to all Services

costs allocated based upon per unit activity.

= Total Service Costs - - -

(Subject to overhead charges)

+ Overhead - - - Actual University overhead rate is 63%

(Total service costs * Overhead rate)

+ Equipment Use Costs (estimated) - -

Depreciation, maintenance, etc
allocated based on total usage

= Total Costs - -

+ Profit (to bring price to market rate) - -

= Total Price Charged to Customer $ - $ -

Market Rate Comparison $ - $ -

Source of Market Rate Comparison Website search

(ie, bls.gov, competitor's quote, etc.)