Common use of The Prevailing Wage Act Clause in Contracts

The Prevailing Wage Act. 1. "An Act regulating wages of laborers, mechanics, and other workers employed in any public works by the State, county, city or any public body or any political subdivision or by any one under contract for public works." (820 ILCS 130/0.01 et. seq. (2000)). Pursuant to this Act, all contractors and subcontractors performing public work shall pay the most current general prevailing rate of hourly wages in the locality in which the work is to be performed, for each craft or type of worker or mechanic needed to execute the contract. The prevailing rate of wages means "the hourly cash wages plus fringe benefits for training and apprenticeship programs approved by the U.S. Department of Labor, Bureau of Apprenticeship and Training, health and welfare, insurance, vacations and pensions paid generally, in the locality in which the work is being performed, to employees engaged in work of a similar character on public works." The parties stipulate that not less than the prevailing rate of wages as found by the public body, or Department of Labor or determined by a court on review shall be paid to all laborers, workers and mechanics performing work under the contract. The contractor is responsible for reviewing the most recent issues of the Illinois Register in order to determine the latest prevailing wage.

Appears in 7 contracts

Samples: cdn.cocodoc.com, przm.apps.uillinois.edu, Agreement

AutoNDA by SimpleDocs

The Prevailing Wage Act. 1. "An Act regulating wages of laborers, mechanics, and other workers employed in any public works by the State, county, city or any public body or any political subdivision or by any one under contract for public works." (820 ILCS 130/0.01 et. seq. (2000)). Pursuant to this Act, all contractors and subcontractors performing public work shall pay the most current general prevailing rate of hourly wages in the locality in which the work is to be performed, for each craft or type of worker or mechanic needed to execute the contract. The prevailing rate of wages means "the hourly cash wages plus fringe benefits for training and apprenticeship programs approved by the U.S. Department of Labor, Bureau of Apprenticeship and Training, health and welfare, insurance, vacations and pensions paid generally, in the locality in which the work is being performed, to employees engaged in work of a similar character on public works." The parties stipulate that not less than the prevailing rate of wages as found by the public body, or Department of Labor or determined by a court on review shall be paid to all laborers, workers and mechanics performing work under the contract. The contractor Subcontractor is responsible for reviewing the most recent issues of the Illinois Register in order to determine the latest prevailing wage.

Appears in 1 contract

Samples: przm.apps.uillinois.edu

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.