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Agmt89 Continental Community Fu
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Agmt89 Continental Community Fu
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Last modified
8/24/2017 3:44:21 PM
Creation date
6/10/2002 12:01:05 PM
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Template:
Agreement
Contractor Name
Continental Community Funding CCF
PROJECT NAME
leveraged lending
RMP File Number
304
Date
11/26/1989
Reso Ref
11169
Box
2772
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1. a ~ull explanation of the Dav~-s-Bacon Act and its <br /> requirements <br /> <br /> 2. Compliance Agent/Agency wage compliance procedures <br /> <br /> The Compliance Agent shall also supply Payroll Report <br /> and Statement of Compliance forms to all contractors <br /> and Agency at conference, and will collect all required <br /> Set up Information forms. <br /> <br /> e. The Compliance Agent shall prepare and issue the <br /> conference minutes to all attendees. A copy of the <br /> minutes shall also be placed in the Project Labor <br /> Standards Enforcement file, as required by Davis Bacon <br /> regulations. <br /> <br /> f. The Compliance Agent shall notify the local area office <br /> of the United States Department of Housing and Urban <br /> Development of the project start date. <br /> <br /> go The Compliance Agent will reverify the wage rates of <br /> anticipated worker classification submitted by the <br /> general contractor during the Preconstruction <br /> Conference. Confirmation of rates will be issued to <br /> the Agency and the general contractor. <br /> h. The Compliance Agent will verify that all apprentices <br /> have been properly registered (or certified) in an <br /> apprenticeship program registered with the Bureau of <br /> Apprenticeship and Training, or with a State <br /> Apprenticeship Agency recognized by the Bureau. <br /> i. The Compliance Agent will verify with the United States <br /> Department of Labor, Employment, and Training <br /> Administration that any trainees hold a formal <br /> certification showing registration in an approved <br /> program. <br /> <br />4. Construction Phase. <br /> <br /> a. Escrow Accounting Procedures <br /> <br /> i. Upon project approval the Agency shall send <br /> completed Davis Bacon Control Instructions and <br /> project funds to the Compliance Agent. The <br /> Control Instructions shall include the following <br /> data: <br /> <br /> 1) Owners(s) name <br /> 2) Contractor(s) name <br /> 3) Job site address <br /> 4) Dollar amount of funds being escrowed <br /> 5) Estimation of labor vs. material costs for <br /> the project <br /> 6) Instruction on how funds are to be disbursed <br /> <br /> <br />
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