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