Higher Education is hereby authorized to execute and administer contracts for. construction, repair, renovation, and maintenance projects, including all. aspects of project management, design, construction, and legal and. administrative services related to and necessary for the completion of projects.
What is 'Annualized Income' Annualized income is an estimate of the amount of money that an individual or a business generates over the course of a year. Annualized income is calculated with less than one year's worth of data, so it is only an estimate of total income for the year, and annualized income figures can be helpful for creating budgets and making estimated income tax payments.
Annualization is the process of spreading certificated employeesâ annual salary equally over all pay periods in the fiscal year. Basically, an annualized employee works less than 12 months but their salary is spread over 12 months.Annualization is available only to certificated employees on B, C, D, E and K basis.nnualization is the process of spreading certificated employeesâ annual salary equally over all pay periods in the fiscal year. Basically, an annualized employee works less than 12 months but their salary is spread over 12 months.