The Little People name, registered and trademarked by Fisher-Price in 1985, came from Fisher-Price following the lead of consumers who referred to the early Play Family playsets as those little people.
Labor contracts define the type of work being performed. contract 20309 image by pablo from Fotolia.com. Labor contracts are an important aspect of the American work force, as many companies farm out portions of their workload to contractors, who provide needed services.
The contract type in each case is a labor hours IDIQ contract where the rates are fixed in the base contract and task orders are issued at a Firm-Fixed-Price to complete the Statement of Work. So this clause is intended to control how the fixed rates escalate each year.