Code of Federal Regulations · Section
§ 5.24 — The Basic Hourly Rate Of Pay
29 C.F.R. § 5.24
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“The basic hourly rate of pay” is that part of a laborer's or mechanic's wages which the Secretary of Labor would have found and included in wage determinations prior to the 1964 amendments. The Secretary of Labor is required to continue to make a separate finding of this portion of the wage. In general, this portion of the wage is the cash payment made directly to the laborer or mechanic. It does not include fringe benefits.
Authorizing Statute
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Definition and application40 U.S.C. § 3701
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Application of this subchapter to certain contracts40 U.S.C. § 3148
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Regulations governing contractors and subcontractors40 U.S.C. § 3145
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Definitions40 U.S.C. § 3141
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Departmental regulations5 U.S.C. § 301
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Mode of recovery28 U.S.C. § 2461