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III. 3 r Agency or Public Body may consider'necessary to pay such laborers or mechanics the full amount of wages reQuired by this' Contract. The amount so withheld may be disbursed by the Local Public Agency or Public 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 fringe benefit prescribed in the applicable wage determination. 4. Al~ICIPATED 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 mechanic the amount 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 Contra.ct: Provided, however, the Secretary of Labor has found, upon the written reQuest of the Contractor, that the applicable standards of the Davis-Bacon Act have been met. The Secretary of Labor may reQuire the Contractor to set aside in a separate account assets for the meeting of obligations under the plan or program. A copy of any findings made by the Secretary of Labor in respect to fringe benefits being provided by the Contra.ctor must be submitted to the Looal Public Agency or Public Body "i th the first payroll filed by the Contractor subseQuent to receipt of the findings. 5. OVERTIME COMPENSATION REQUIRED BY CONTRACT WORK HOURS AND SAFETY STANDARDS ACT (76 Stat. 357-360: Title 40 U.S.C., Sections 327- 332) (a) Overtime requirements. No Contractor or subcontractor oontracting for any part of the Contract work which may reQuire or involve the employment of laborers or mechanics, including wa.tchmen and guards, shall reQuire or permit any laborer or mechanic in any workweek in which he is employed on such work to work in excess of 8 hours in any calend.ar day or in excess of 40 hours in such work 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 excess of 8 hours 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 In the event of any violation of the clause set forth in paragraph 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 liQuidated dama~s. Such liQuidated damages 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 s. a), Page 2 of 13 Pages HUO.'OlO (2.76)