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Attachment B <br />or part of the wages required by the contract, or upon the contractor's failure to submit the <br />required records as discussed in paragraph (a)(3)(iv) of this section, the (Agency) may on its own <br />initiative and after written notice to the contractor, sponsor, applicant, owner, or other entity, as <br />the case may be, take such action as may be necessary to cause the suspension of any further <br />payment, advance, or guarantee of funds until such violations have ceased. <br />(ii) The Department has priority to funds withheld or to be withheld in accordance with this <br />section, or both_ over claims to those funds by: <br />(A) A contractor's surety(ies), including without limitation performance bond sureties and <br />payment bond sureties; <br />(B) A contracting agency for its reprocurement costs; <br />(C) A trustee(s) (either a court -appointed trustee or a U.S. trustee, or both) in bankruptcy of a <br />contractor, or a contractor's bankruptcy estate; <br />(D) A contractor's assignee(s); <br />(E) A contractor's successor(s); or <br />(F) A claim asserted under the Prompt Payment Act, 31 U.S.C. 3901-3907. <br />(3) Payrolls and basic records. <br />(i) Basic record requirements (A) All regular payrolls and other basic records must be maintained <br />by the contractor and subcontractor during the course of the work and preserved for all laborers <br />and mechanics working at the site of work (or otherwise working in construction or development <br />of the project under a development statute) for a period of three years after all the work on the <br />prime contract is completed. <br />(B) Such records must contain the name, Social Security number; last known address, telephone <br />number, and email address of each such worker, each worker's correct classification(s) of work <br />actually performed; hourly rates of wages paid (including rates of contributions or costs <br />anticipated for bona fide fringe benefits or cash equivalents thereof of the types described in <br />section 1(b)(2)(B) of the Davis -Bacon Act), daily and weekly number of hours actually worked <br />in total and on each covered contract; deductions made and actual wages paid. <br />(C) Whenever the Secretary of Labor has found under 29 CFR 5.5(a)(1)(iv) that the wages of any <br />laborer or mechanic include the amount of any costs reasonably anticipated in providing benefits <br />under a plan or program described in section 1(b)(2)(B) of the Davis -Bacon Act, the contractor <br />must maintain records which show that the commitment to provide such benefits is enforceable, <br />that the plan or program is financially responsible, and that the plan or program has been <br />communicated in writing to the laborers or mechanics affected, and records which show the costs <br />anticipated or the actual cost incurred in providing such benefits. <br />(D) Contractors with apprentices working under approved programs must maintain written <br />evidence of the registration of apprenticeship programs, the registration of the apprentices, and <br />the ratios and wage rates prescribed in the applicable programs. <br />Updated 12/2023 <br />