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~ ~ Prohibited Interest - No member, officer or employee of Recipient or of a local public body during ~' his or her tenure or one ear thereafter shall have an Y y interest; direct or indirect, in this Contract or the proceeds thereof. ~ f; 2. In connection with the performaace by Contractor of work or services within the scope of this Agreement, Contractor agrees to comply with the following requirements, and to include these requirements in all subcontracts exceeding $100,000 in value of every tier. Contractor further agrees to include the Contract Work Hours and Safety Standards Act requirements in all ~ subcontracts exceeding $2,500 in value (but not including subcontracts for the -purchase of supplies, materials or articles ordinar~ly available on the open market): ~i Contract Work Hours and Safety Standards Act Pursuant to Section 102 (Overtime): (1) Overtime requirements - No contractor or subcontractor contracting for any part of the contract work which may require or involve the employment of laborers or mechanics shall require or pernut any such laborer or mechanic in any workweek in which he or she is employed on such w~rk to work in excess of forty hours in such workweek unless such laborer or mechanic receives compensation at a rate not less than one and one-half times the basic rate of pay for all hours worked in excess of ~ forty hours in such workweek. (2) Violation; liability for unpaid wages; liquidated damages _ In the event of any violation of the clause set forth in paragraph (1} of this section the Contractor and any subcontractor responsible therefor shall be liable for the unpaid wages. In addition, such Contractor and subcontractor shall be liable to the United States for liquidated damages. Such liquidated damages shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, employed in violation of the clause set forth in paragraph (1) of this section, in the sum of $10 for each calendar day on which such individual was required or permitted to work in excess of the standard worlcweek of forty hours without payment of the overtime wages required by the clause set forth in paragraph (1) of this section. • - (3) Withholding for unpaid wages and liquidated damages - The Recipient shall upon its own action ~ or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the Contractor or i subcontractor under any such contract or any other Federal contract with the same prime contractor, ' or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, ~ which is held by the same prime conti~actor, such sums as may be determined to be necessary to ~ satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as ~ provided in the clause set forth in pazagraph (2) of this section. (4) SubconTracts - The Contractor or subcontractor shall insert in any subcontracts the clauses set forth in this section and also a clause roquiring the subcontractors to include these clauses in any lower tier subcontracts. The prime contractor shall be responsible for compliance by any ~ subcontractor or lower tier subcontractor with the clauses set forth in this section. r (Secqon 102 nonconstruction contracts should also have the following provision:) ~ (5) Payrolls and basic records -{i) Paymlls and basic records relating thereto shall be maintained by a the Contractor during the course of the work and preserved for a period of three years thereafter for ~ all laborers and mechanics working at the site of the work (or under the United States Housing Act of p 1937, or under the Housing Act of 1949, in the construction or development of the project). Such $ records shall contain the name, address, and social security number of each such worker, his or her conect classification, hourly rates of wages paid (including rates of contributions or costs anticipated ~~ for bona fide fringe benefits or cash equivalents thereof of the types described in section 1(b)(2)(B) ~ ' Addendum, F'I'A Contract Requirements ~' Page - 7 ~ 1008981030 - ~i ~ ~~ a.r= ~