Common use of Prevailing Wage Act Requirements Clause in Contracts

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement with respect to such Designated System, must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”,,” in the applicable trade classification, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” in the applicable trade classification, as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may includeincludeincludes, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. and must be submitted to the Illinois Department of Labor per the requirements of the Prevailing Wage Act. Seller is responsible for and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 15August 1 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall shallmay be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Prevailing Wage Act Requirements. 14 For example, if a Community Renewable Energy Generation Project is Energized on May 15, 2022 and assigned Payment Cycle C, then the first Community Solar Quarterly Report would be due on September 10, 2022 for the period May 15, 2022 through August 31, 2022, and the last Community Solar Quarterly Report would be due on June 10, 2023 for the period commencing March 1, 2023 through May 31, 2023. 15 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Prevailing Wage Act Requirements. This section applies to Designated Systems Projects that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System Project an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System Project has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Applicationwithin the later of: five (5) Business Days of the Effective Date of this Agreement or within five (5) Business Days of the Date of First Operation of the Project. Seller is responsible and shall provide such documentation and verification throughout the term Term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s initial submission of the ABP Part II Applicationdocumentation and verification, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e2.2(f) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Guaranty

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. 30 For example, if a Community Renewable Energy Generation Project is Energized on May 15, 2022 and assigned Payment Cycle C, then the first Community Solar Quarterly Report would be due on September 10, 2022 for the period May 15, 2022 through August 31, 2022, and the last Community Solar Quarterly Report would be due on June 10, 2023 for the period commencing March 1, 2023 through May 31, 2023. 31 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System Project an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System Project has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Applicationon or prior to the Commercial Operation Date of the Project.. In addition, Seller shall also provide to the IPA, on or prior to the Commercial Operation Date of the Project, a report certifying that the requirements set forth in Section 1-75(c-5)(2)(F) have been met. Seller is responsible and shall provide such documentation and verification throughout the term Term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s initial submission of the ABP Part II Applicationdocumentation and verification, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification or report in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Guaranty

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address 15 For example, if a Community Renewable Energy Generation Project is Energized on May 15, 2022 and assigned Payment Cycle C, then the first Community Solar Quarterly Report would be due on September 10, 2022 for the period May 15, 2022 through August 31, 2022, and the last Community Solar Quarterly Report would be due on June 10, 2023 for the period commencing March 1, 2023 through May 31, 2023. 16 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Credit Purchase and Sale Agreement

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Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage 14 For example, if a Community Renewable Energy Generation Project is Energized on AprilMay 15, 20202022 and assigned Payment Cycle C, then the first Community Solar Quarterly Report would be due on September 10, 20202022 for the period AprilMay 15, 20202022 through August 31, 20202022, and the last Community Solar Quarterly Report would be due on June 10, 20212023 for the period commencing March 1, 20212023 through May 31, 20212023. 15 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Renewable Energy Credit Agreement

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities Construction Activities related to the Designated System Project an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If For purposes of this Agreement, a rate that is reflective of wage parity with the prevailing wage requirements in Illinois shall be used if the Project is located in a state adjacent to the State of Illinois. Should there be no governing prevailing wage schedule for that locality, Seller shall utilize the federal Xxxxx-Xxxxx rates as the applicable prevailing wage for Section 1-75(c)(1)(Q)(1) of the Prevailing Wage IPA Act are applicable for compliance, and Seller shall provide documentation and verification analogous to the Designated System, what is required below. Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System Project has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Applicationwithin the later of: five (5) Business Days of the Effective Date of this Agreement or within five (5) Business Days of the Date of First Operation of the Project. Seller is responsible and shall provide such documentation and verification throughout the term Term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s initial submission of the ABP Part II Applicationdocumentation and verification, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e2.2(f) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Guaranty

Prevailing Wage Act Requirements. This section applies to Designated Systems Projects that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System Project an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System Project has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Applicationwithin the later of: five (5) Business Days of the Effective Date of this Agreement or within five (5) Business Days of the Date of First Operation of the Project. Seller is responsible and shall provide such documentation and verification throughout the term Term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s initial submission of the ABP Part II Applicationdocumentation and verification, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e2.2(f) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Guaranty

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 13 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Credit Purchase and Sale Agreement

Prevailing Wage Act Requirements. This section applies to Designated Systems that are subject to the requirements of the Prevailing Wage Act as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. Seller, including its contractors and subcontractors, rendering services under this Agreement must comply with the requirements of the Prevailing Wage Act, including but not limited to, all wage requirements and notice and record keeping duties. The Prevailing Wage Act requires Seller, including its contractors and subcontractors, to pay laborers, mechanics and other workers employed in construction activities related to the Designated System an amount equal to or greater than the current 6 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. “general prevailing rate of hourly wages”, as defined in Section 3 of the Prevailing Wage Act. The Parties acknowledge that the IPA has provided to the Parties the Illinois Department of Labor’s website address (xxxx://xxxxx.xxxxxxxx.xxx/) as a source of information for the general prevailing rate of hourly wages. The Illinois Department of Labor regularly revises the general prevailing rate of hourly wages available on its website. If the requirements of the Prevailing Wage Act are applicable to the Designated System, Seller shall provide to the IPA documentation and verification demonstrating that all construction work performed by Seller, including its contractors and subcontractors, relating to construction, maintenance, repair, assembly, or disassembly work in relation to the Designated System has been performed by employees who received an amount equal to or greater than the “general prevailing rate of hourly wages,” as defined in Section 3 of the Prevailing Wage Act. Such documentation and verification may include, but is not limited to, the certified transcripts of payroll required to be filed with the Illinois Department of Labor. Such documentation and verification must be provided to the IPA with Seller’s ABP Part II Application. Seller is responsible and shall provide such documentation and verification throughout the term of this Agreement to the IPA for any applicable work performed in a Delivery Year subsequent to Seller’s 31 For example, if the effective date of the Agreement falls between June 1 and July 15 of a calendar year, then the first REC Annual Report is to be submitted by July 15 of the following year. submission of the ABP Part II Application, which shall be provided no later than July 15 following the end of such Delivery Year. Seller’s failure to provide such documentation or verification in a timely manner shall be deemed non-compliant with Section 2.2(e) and subject to the provisions in Section 2.2 for such non-compliance.

Appears in 1 contract

Samples: Credit Purchase and Sale Agreement

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