Authorized Signature and Date. The certification of origin must be signed and dated by the certifier and must be accompanied by the following statement: I certify that the goods described in this document qualify as originating and the information contained in this document is true and accurate. I assume responsibility for proving such representations and agree to maintain and present upon request or to make available during a verification visit, documentation necessary to support this certification. ANNEX A – Labor Value Content As noted above, the U.S. Department of Labor will issue regulations related to the high-wage components of the labor value content requirements.1 The information in this Annex is related to the Department of Labor’s treatment of these components. (a) The average hourly base wage rate (also referred to as the production wage rate) is calculated by dividing the total base wages paid for all hours worked in direct production by the total number of hours worked in direct production. The average hourly base wage rate must be at least US$16 per hour to count toward a producer’s labor value content obligation. (b) The three components of this calculation are computed as follows: (1) “Hourly base wage rate” is the rate of compensation a worker is paid for each hour of direct production work performed, and excludes benefits, bonuses, incentive pay, and all other similar payments.
Appears in 2 contracts
Samples: u.s. Mexico Canada Agreement (Usmca) Interim Implementing Instructions, u.s. Mexico Canada Agreement (Usmca) Interim Implementing Instructions
Authorized Signature and Date. The certification of origin must be signed and dated by the certifier and must be accompanied by the following statement: I certify that the goods described in this document qualify as originating and the information contained in this document is true and accurate. I assume responsibility for proving such representations and agree to maintain and present upon request or to make available during a verification visit, documentation necessary to support this certification. ANNEX A – Labor Value Content As noted above, the U.S. Department of Labor will issue regulations related to the high-wage components of the labor value content requirements.1 The information in this Annex is related to the Department of Labor’s treatment of these components.
(a) The average hourly base wage rate (also referred to as the production wage rate) is calculated by dividing the total base wages paid for all hours worked in direct production by the total number of hours worked in direct production. The average hourly base wage rate must be at least US$16 per hour to count toward a producer’s labor value content obligation.
(b) The three components of this calculation are computed as follows:
(1) “Hourly base wage rate” is the rate of compensation a worker is paid for each hour of direct production work performed, and excludes benefits, bonuses, incentive pay, and all other similar payments.
Appears in 2 contracts
Samples: u.s. Mexico Canada Agreement (Usmca) Interim Implementing Instructions, Interim Implementing Instructions