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I I I I I I I I I I I I I I I I I I I I any other Federal contract with the same prime contractor, or any other Federally-assi sted contract subject to the Davi s-Bacon prevail i ng wage requirements, which is held by the same prome contractor so much of the accrued payments or advances as may be consi dered necessary to pay 1 aborers and mechanics, including apprentices, trainees and helpers, employed by the contractor or any subcontractor the full amount of wages required by the con- tract. In the event of failure to pay any laborer or mechanic, including any apprentice, trainee or helper, employed or working on the site of the work (or under the United States Housing Act of 1937 or under the Housing Act of 1949 in the construction or development of the project), all or part of the wages requi red by the contract, the State of Colorado may, after written noti ce to the contractor, sponsor, app 1 i cant, or owner, take such acti on as may be necessary to cause the suspensi on of any further payment, advance, or gua r- antee,of funds until such violations have ceased. The State of Colorado may, after written notice to the contractor, disburse such amounts withheld for and on account of the contractor or subcontractor to the respecti ve employees to whom they are due. The Comptroller General shall make such disbursements in the case of direct Davis-Bacon Act contracts. 3. (i) Payrolls and basic records. Payroll and basic records relating thereto shall be maintained by the contractor during the course of the work preserved for a period of three years thereafter for all laborers and mechan- ics working at the site of the work (or under the United States Housing Act of 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 secu- rity number of each such worker, hi s or her correct cl assifi cati on, 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 l(b)(2)(B) of the Davis-Bacon Act), daily and weekly number of hours worked, deductions made and actual wages paid. Whenever the Secretary of Labor has found under 29 CFR 5.5 (a)(i)(iv) that the wages of any laborer or mechani c i ncl ude the amount of any costs reasonably anti ci pated in provi d- ing benefits under a plan or program described in Section l(b)(2)(B) of the Davis-Bacon Act, the contractor shall maintain records which show that the commitment to provide such benefits is enforceable, that the plan or program is financially responsible, and that the plan or program has been communicated in writing to the laborers or mechanics affected, and records which show the costs anti ci pated or the actual cost incurred in provi di ng such benefi ts. Contractors empl oyi ng apprenti ces or trai nees under approved programs shall maintain written evidence of the registration of apprenticeship programs and certification of trainee programs, the registration of the apprentices and trainees, and the ratios and wage rates prescribed in the applicable pro- grams. (Approved by the Office of Management and Budget under OMB Control Numbers 1215-0140 and 1215-0017.) (ii )(al The contractor shall submit weekly for each week in which any contract work is performed a copy of all payrolls to the State of Colorado if the agency is a party to the contract, but if the agency is not such a party, the contractor will submit the payrolls to the applicant, sponsor, or owner, as the case may be, for transmission to the State of Colorado. The payrolls submitted shall set out accurately and completely all of the information required to be maintained under 29 CFR Part 5.5(a)(3)(1). This information may be submitted in any form desired. Optional Form WH-347 is available for VI II -G-9