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The Act requires general contractors and subcontractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the wage rates and fringe benefits found prevailing in the locality as determined by the United States Department of Labor, or the rates contained in a predecessor contractor's collective bargaining agreement.
A "service contract" is different from a warranty because service contracts do not affirm the quality or workmanship of a consumer product. A service contract is a written instrument in which a supplier agrees to perform, over a fixed period or for a specified duration, services relating to the maintenance or repair, or both, of a consumer product.
The act is named after its sponsors, James J. Davis, a Senator from Pennsylvania and a former Secretary of Labor under three presidents, and Representative Robert L. Bacon of Long Island, New York. The Davis–Bacon act was passed by Congress and signed into law by President Herbert Hoover on March 3, 1931. [2]
Service contract may refer to: employment contract; extended warranty; Metropolitan Bus Service Contract; Programmatic service contract in service-oriented architecture.
Special rules apply to service contracts. They must be performance-based to the extent practicable, with measurable outcomes. FAR 37.102 and FAR Part 37.6 describe performance-based methods. FAR 37.601 has specific requirements for performance work statements (PWS) for service contracts requiring performance-based standards. Agency supplements ...
The move to Colorado is arguably one of the worst trades in NFL history and Wilson signed a $1.2 million contract with Pittsburgh. In comparison, 25-year-old Fields is earning $3.23 million, per ...
Wagner–Peyser Act; Walsh–Healey Public Contracts Act of 1936; Water Resources Development Act of 2007; Wendell H. Ford Aviation Investment and Reform Act for the 21st Century; Whistleblower Protection Act; Whistleblowing; Women's Armed Services Integration Act; Worker Adjustment and Retraining Notification Act of 1988; Workforce Innovation ...
First-round players to watch, keys to the game. For the first time ever, there will be College Football Playoff games on campuses. Notre Dame-Indiana will get things started on Friday night before ...