The SAG Ultra Low Budget Agreement is a contract negotiated by the Screen Actors Guild that sets the minimum rates for actors working on ultra-low budget projects. This agreement is designed for independent productions with budgets of $250,000 or less. The day rate for actors working under this agreement is an important component that must be understood by filmmakers and production companies.
The day rate under the SAG Ultra Low Budget Agreement is $125 per performer per day. This rate is for productions with budgets of $50,000 or less. If the budget for the production is between $50,000 and $100,000, the day rate is $150. For productions with budgets between $100,000 and $250,000, the day rate is $335.
It is important to note that these rates are minimums, and actors can negotiate higher rates if they have more experience or if the production company has a larger budget. However, it is important to understand that these minimum rates are set to ensure that actors are paid a fair wage for their work.
The SAG Ultra Low Budget Agreement also sets the terms for working hours, rest periods, and meal breaks. Actors are entitled to a 12-hour workday with a minimum of 10 hours off before returning to work. In addition, actors are entitled to a 30-minute meal break after 5 hours of work.
It is important for filmmakers and production companies to understand the SAG Ultra Low Budget Agreement and its day rate requirements when hiring actors for their productions. Failure to abide by these requirements can lead to serious legal and financial consequences. Therefore, it is recommended that filmmakers and production companies consult with a lawyer or an entertainment industry professional to ensure that they are in compliance with all relevant laws and agreements.
In conclusion, the SAG Ultra Low Budget Agreement day rate is an important consideration for filmmakers and production companies looking to hire actors for ultra-low budget projects. Understanding these rates and the other terms of the agreement is crucial to ensuring a successful production that is legally and financially compliant.