The Prevailing Wage Program aims to ensure fair wages and labor conditions in public works projects. Contractors and subcontractors must pay their workers a wage rate determined by the government as the prevailing wage for the job and location. This promotes fair compensation, prevents unfair competition, and maintains quality standards. The prevailing wage rates include base wage and fringe benefits. Non-compliance can result in penalties and contract termination. The program fosters fair labor practices and equity in the construction and public sectors
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