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III. 3 1 ...... ~ Agency or Public Body may consider'necessary to pay such laborers or mechanics the ~~ll aoount of wages reQuired by this Contract. The amount so withheld ffiay be disbursed b:r the Local Public Agency or ~~blic Body, for and on account of the Contractor or the subcontractor (as may be appropriate), to the respective laborers or mechanics to whom the same is due or on their behalf to plans, funds, or programs for any type of fr~-e benefit prescribed in the applicable wage determination. """ .... u. jlJlTICIPATED COSTS OF F.RINGE :BENEFITS ... If the Contractor does not make payments to a trustee or other third person, he may consider as part of the wages of any laborer or mech~~ic the anount of any costs reasonably anticipated in providing fringe benefits under a plan or program of a type expressly listed in the wage determination decision of the Secretary of Labor which is a part of this Contract: Provided, however, the Secretary of Labor has found, upon the written re~uest of the Contractor, tp.st the applicable standards of the Davis-Bacon Act have been met. The Secretary of Labor may re~uire the Contractor to set aside in a separate account assets for the meeting of obligations under the plan or program. A oopy of any findings made by the Secretary Of Labor in respect to fringe benefits being proviQed by the Contractor must be submitted to the Local Publio Agency or PQblic Body with the first payroll filed by the Contractor subsequent to receipt of the findingfl. ~ 5. OVERTTI-re COHPEllSATION REQUIRED Ff CONTRACT WORK HOURS AND SAFErY STANDARbS ACT (76 Stat. 357-360: Title 40 U.S.C., Sections 327- 332) (a) Overtime reauirements. No Contractor Or subcontractor oontracting for any part of the Cont1:act work which may re~ui:t'e or involve the employment of laborers 01: mechanics, including watchmen and guards, shall require or permit limy laborer Or mechanic in any workweek in which he is employed on lmch work to work in excess of 8 hours in <m<r calendar day or in excess of 40 hours in such wOl:k week unless such laborer or mechanic receives compensation at a rate not less than one and one-half times his basic rate of pay for all hours worked in elecess of B hOllIs in any calendar day or in excess of 40 hours in such work week, as the case may be. (b) Violation: liabilit for un aid w s Ii uidated s. In the event of any violation of the clause set forth in par8<;raph a), the Contractor and any subcontractor responsible therefor shall be liable to any affected employee for his unpaid wages. In addition, such Contractor and subcontractor shall be liable to the United States for li~uidated damages. Such li~uidated dama8eB shall be computed with respect to each individual laborer Or mechanic employed in violations of the clause set forth in paragraph (a), in the sum of $10 for each calendar day on which such employee waS required or permitted to work Page 2 of 13 Pages Hua,4010 (2,76)