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What constitutes a County financed construction contract?

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What constitutes a County financed construction contract?

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A County financed construction contract is a contract for construction work that is awarded by the County or where County funds are used to finance all or part of the cost of the contract. Who benefits from the Prevailing Wage Law? Montgomery Countys prevailing wage law assures construction workers appropriate wage rates and requires construction contractors awarded county contracts to pay their workers the amount specified by law. The law regulates the hours of labor, rates of pay, conditions of employment, and obligations of employers. For the workers the Prevailing Wage represents the fairness and basic respect they deserve in return for the work they do. The law commits to employers who bid on construction contracts that they will not be underbid by employers who pay as little as they can to workers. Wage Determinations: The County prevailing wage rates are established by the State Commissioner of Labor and Industry. Wage determinations establish the wage and fringe benefit rates f

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