WebFor prime contracts in excess of $100,000, contractors and subcontractors must also, under the provisions of the Contract Work Hours and Safety Standards Act, as amended, pay laborers and mechanics, including guards and watchmen, at least one and one-half times their regular rate of pay for all hours worked over 40 in a workweek. WebApr 30, 2024 · Increasing the Minimum Wage for Federal Contractors ... shall amend the Federal Acquisition Regulation to provide for inclusion in Federal procurement solicitations, contracts, and contract-like instruments subject to this order the clause described in section 2(a) of this order. (b) Within 60 days of the Secretary issuing …
48 CFR § 52.222-55 - Minimum Wages for Contractor …
WebThe new wage determination increases the minimum rate to $4.50 per hour. Even if the Contractor voluntarily increases the rate to $4.75 per hour, the allowable price adjustment is $.40 per hour; (2) An increased or decreased wage determination otherwise applied to the contract by operation of law; or WebService contracts over $2,500 shall contain mandatory provisions regarding minimum wages and fringe benefits, safe and sanitary working conditions, notification to employees of the minimum allowable compensation, and equivalent Federal employee classifications and wage rates. Under 41 U.S.C.6707 (d), service contracts may not exceed 5 years. spotlight monitoring
Executive Order on Increasing the Minimum Wage for Federal
WebFeb 9, 2024 · Throughout FAR subpart 22.19 and FAR clause 52.222–55, the Interim Rule replaces the previous minimum wage of $10.10 established by E.O. 13658 with the … WebFor prime contracts in excess of $100,000, contractors and subcontractors must also, under the provisions of the Contract Work Hours and Safety Standards Act, as amended, pay laborers and mechanics, including guards and watchmen, at least one and one-half times their regular rate of pay for all hours worked over 40 in a workweek. WebExecutive Order 13658, Establishing a Minimum Wage for Contractors: Annual Update Executive Order 13706, Establishing Paid Sick Leave for Federal Contractors On September 30, 2016, the U.S. Department of Labor published a final rule to implement Executive Order 13706, Establishing Paid Sick Leave for Federal Contractors. spotlight mittagong