Get Boli Oregon Prevailing Wage Form Fillable

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.

The fee is equal to one tenth of one percent (. 001) of the contract price but must be no less than $100 and no more than $5,000 regardless of the contract price. For further information see OAR 839-025.

A prevailing wage is the basic hourly rate of wages and benefits paid to a number of similarly employed workers in a given geography.

The PWR law requires prime contractors to withhold 25 percent of any amount earned by a first-tier subcontractor if the subcontractor does not turn in its certified payroll reports each month. Once the certified payroll reports have been submitted, the prime contractor must pay the 25 percent withheld within 14 days.

As of July 1, 2022, the current living wage is $14.78 per hour. Effective July 1, 2023, the current living wage will be $15.70 per hour.

Form WH-38 is used by contractors in Oregon to report compliance with Prevailing Wage Rate (PWR) Law. Reporting payroll information is required by Prevailing Wage Rate (PWR) Law, but using form WH-38 is voluntary.

Your employer is required to post the applicable prevailing wage rates on the project site where you can readily access the information. ALL contractors and subcontractors are required to comply with this law. If you want to verify that the posted rates are correct, you can call the PWR Unit at (971)673-0839.

The prevailing wage rate (PWR) is the minimum hourly wage rate, including all fringe benefits, that must be paid for covered work duties performed on public works projects subject to PWR laws.