KNOC's technological support fee is calculated according to regulations of Engineering Technology Promotion Law
Labor cost is calculated based on engineers' basic wages
Direct Expense is calculated under the general rule that material and supply are provided or paid for by the requestor. However, provided that the material and supply are provided and prepaid for by KNOC upon agreement, KNOC will calulate the cost of the supply subsequent to use, and will claim expenses under project provision and actual cost.
- Overhead cost is an indirect cost not included in labor cost and direct expenses. Overhead cost = labor cost * 1.15
- Technology fee is the price for use and accumulation of technology.
Technology fee = (Labor cost + Overhead cost) * 0.3