[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR302.13]

[Page 608]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 302_GENERAL TERMS AND CONDITIONS FOR INVESTMENT ASSISTANCE--Table of 
 
Sec.  302.13  Maintenance of standards.

    All laborers and mechanics employed by contractors or subcontractors 
on Projects receiving Investment Assistance under PWEDA shall be paid 
wages at rates not less than those prevailing on similar construction in 
the locality, as determined by the U.S. Secretary of Labor in accordance 
with subchapter IV of chapter 31 of title 40, United States Code. EDA 
shall not extend any Investment Assistance under this chapter for a 
Project without first obtaining adequate assurance that these labor 
standards will be maintained upon the construction work. The U.S. 
Secretary of Labor shall have, with respect to the labor standards 
specified in this provision, the authority and functions set forth in 
Reorganization Plan No. 14 of 1950 (15 FR 3176 (May 25, 1950); 64 Stat. 
1267) and section 3145 of title 40, United States Code.