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Opening of Bids - SB City Hall Renovations Proj No. 124-001 -Michuda-Cruz JV
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Opening of Bids - SB City Hall Renovations Proj No. 124-001 -Michuda-Cruz JV
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4/17/2025 1:58:53 PM
Creation date
10/24/2024 12:42:52 PM
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Board of Public Works
Document Type
Projects
Document Date
10/22/2024
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GW yt31�t< <br />made a part of this Agreement. The Trustees of the Program shall have the authority to amend <br />the terms of the Program to which employees working under this Agreement will be subject. <br />The Program will be funded by contributions to the Trust, which will be established by the <br />Trustees of the Program. The Trustees of the Program shall have the authority to determine the <br />amount to be contributed by signatory EMPLOYERS to defray the cost of the Program. The <br />Trustees may set the contribution at any rate up to ten cents ($.10) per hour depending on the <br />Trustees' assessment of the amount needed to fund the Program adequately to fulfill its purposes. <br />Once the rate has been set, the Trustees may adjust the rate of contribution from time to time <br />within the parameters set forth above, provided the Trustees give the EMPLOYER at least sixty <br />(60) days notice of any such adjustment. <br />It is agreed that the EMPLOYER contribution to this fund is not part of the wage/fringe package <br />under this Agreement but is instead a separate additional contribution made by the EMPLOYER <br />solely to fund the Program. Accordingly, the establishment or adjustment of the rate of <br />contribution by the Trustees shall not affect the wage rates or the amounts set forth for <br />contributions to fringes benefit funds under this Agreement. <br />(22) <br />
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