Consulting Rate Sheet Template - Free Download
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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)
-$
+ Salaries
Civil Service
P&A
Supervisor
Grad
Assistant
What is the annual salary for
consultant 3 (Grad Assistant)
-$
Civil Service Consultant (per hour) -
P&A Supervisor (per hour) -
Grad Assistant (per hour) -
Use appropriate fringe rate for each job class
+ Fringe See website at: www.umn.edu/ohr/payroll
Civil Service Consultant (per hour) - 40.1% * salary from above (2010 Rates)
P&A Supervisor (per hour) - 33.3% * salary from above
Grad Assistant (per hour) - 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.)
source: finsys.umn.edu
