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Project Wage Rate Sheet form HUD-4720 US Department of Housing and Urban Development Office of Labor Relations. Project Name: Wage Decision Number .

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How to fill out the Project Wage Rate Sheet online

Filling out the Project Wage Rate Sheet is an essential step in ensuring compliance with wage requirements for federally funded projects. This guide will provide you with clear, step-by-step instructions on how to complete the form online efficiently and accurately.

Follow the steps to successfully complete the sheet online.

  1. Click the ‘Get Form’ button to obtain the Project Wage Rate Sheet and open it in your chosen editor.
  2. Begin by entering the project name in the designated field at the top of the form. This identifies the specific project for which the wage rates are being reported.
  3. Next, input the wage decision number or modification number. This is a crucial reference that connects your project to the appropriate wage decision.
  4. Fill in the project number, which helps in tracking the project throughout its life cycle.
  5. Indicate the project county. This information is necessary for regulatory compliance and administrative purposes.
  6. For each work classification listed (e.g., bricklayers, carpenters), enter the basic hourly rate in the BHR field, followed by any fringe benefits offered. Calculate the total hourly wage rate by adding the basic hourly rate and fringe benefits.
  7. Review any additional classifications as needed by including additional work classifications and their corresponding wage information.
  8. In the designated section, provide the date of HUD submission to DOL and the date of DOL approval, ensuring accurate record-keeping.
  9. Once you have filled out all necessary fields, review your entries for accuracy and completeness.
  10. Finally, save your changes, and choose to download, print, or share the form as necessary to submit it.

Complete your Project Wage Rate Sheet online today to ensure compliance and facilitate seamless project management.

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What is “Prevailing Wage Law”? Kentucky's prevailing wage law currently requires that contractors on public works projects estimated to cost more than $250,000 pay wages equal to or greater than the wages of similar workers in the locality where the project is being built.

Highest Prevailing Wage Threshold States Connecticut has the highest mentioned prevailing wage threshold at $1,000,000 for its new construction landscape. This means developers are often required to pay their workforce an average wage rather than a minimum one if they are on a federal contract.

Minimum wage Arkansas Employers with fewer than four employees need to pay their workers at a rate not lower than the federal minimum wage, which is currently $7.25 per hour. Non-standard deductions that would bring the employee below minimum wage are not allowed.

Prevailing wage laws generally specify that all work done on the project must be paid at such rates, and that the obligation to pay prevailing wage applies to subcontractors and contractors alike, regardless of whether the contractor specifies such rates in its contracts with subcontractors (contractors should do that) ...

The prevailing wage determination reflects a basic hourly rate of $10.00 an hour and fringe benefit contribution of $2.00 per hour.

Arkansas. Arkansas minimum wage is $11.00 per hour as of January 1st, 2023, as part of a series of annual increases that started in 2019. Arkansas minimum wage applies to all employers with four or more employees.

Note: Under Executive Order (EO) 13658, an hourly minimum wage of $10.95 for calendar year 2021 applies to all contracts subject to the Davis-Bacon Act for which the contract is awarded (and any solicitation was issued) on or after January 1, 2015.

How Are Prevailing Wages Determined? Employers can obtain this wage rate by submitting a request to the National Prevailing Wage Center (NPWC), or by accessing other legitimate sources of information such as the Online Wage Library, available for use in some programs.

Davis-Bacon labor standards clauses must be included in covered contracts. The Davis-Bacon "prevailing wage" is the combination of the basic hourly rate and any fringe benefits listed in a Davis-Bacon wage determination.

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