| 1. Determination of wage and benefit rates. The Bureau of |
Labor Standards shall investigate and determine the prevailing |
hourly wage and benefits rate paid in the construction industry |
in this State during the 2nd and 3rd week of September peak |
employment period of each year of each employer. Prevailing |
wages and benefits must be determined in September 1999 and |
become effective upon determination. In determining the |
prevailing rates, the bureau may ascertain and consider the |
applicable wage and benefits rates established by collective |
bargaining agreements, if any, and those rates that are paid |
generally in the locality during the peak employment period where |
the construction of the public works is to be performed. For |
purposes of this subsection, "peak employment period" means the |
2-week period during the previous 52 weeks during which the |
employer employed the most employees. For purposes of this |
subsection, "benefits" means health and welfare contributions, |
pension or individual retirement account contributions and |
vacation and annuity contributions, per diem in lieu of wages and |
any other form of payment, except for wages, made to or on behalf |
of the employee. If a defined contribution amount is not |
established, the most accurate estimated value of contributions |
must be included. |