5419 Rate type code qualifier

Code qualifying the type of rate.

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Type
String (AN)
Length
Min 1 / Max 3
Codes
CodeDescription
1Allowance rate
Code specifying the allowance rate.
2Charge rate
Code specifying the charge rate.
3Actual versus calculated price difference rate
Difference rate of actual price and calculated price.
4Standard labour rate
Labour rate for a normal working day. Synonym: Straight time.
5Overtime labour rate
Labour rate for overtime.
6Premium labour rate
Labour rate for premium time.
7Calculation rate
To identify a rate which is to be applied in a calculation.
8Coefficient
The coefficient which is to be used as a multiplier.
9Indemnity rate
To specify the rate of an indemnity.
10Guarantee reserved calculation rate
To specify the rate that has been used to calculate the monetary amount reserved as a guarantee.
11Waiting time indemnity rate
To specify the rate of an indemnity for waiting.
ZZZMutually defined
The rate type is mutually agreed by the interchanging parties.
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