Definitioner
Prevailing Wage Contractor
Prevailing wage contractor is a contractor that performs public work projects that are subject to Davis bacon, Service Contract Act (SCA), AbilityOne, Nish, Walsh Healey Act laws. Also referred to as government contractors.
Contractor
The party performing the contract for the contracting agency.
Contract
A mutually-binding agreement or document between two or more parties. Federal contracting agencies may award contracts to private-sector companies (or other entities) for the purpose of acquiring goods, services, or construction at an agreed-upon price.
Service Contract Act
McNamara-O'Hara Service Contracts Act of 1965 (as amended).The McNamara-O’Hara Service Contract Act requires 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, or the rates (including prospective increases) contained in a predecessor contractor's collective bargaining agreement. The Department of Labor issues wage determinations on a contract-by-contract basis in response to specific requests from contracting agencies. These determinations are incorporated into the contract.
SCA (Service Contract Act)
McNamara-O'Hara Service Contracts Act of 1965 (as amended).The McNamara-O’Hara Service Contract Act requires 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, or the rates (including prospective increases) contained in a predecessor contractor's collective bargaining agreement. The Department of Labor issues wage determinations on a contract-by-contract basis in response to specific requests from contracting agencies. These determinations are incorporated into the contract.
