Common use of Contract Administration Fund Clause in Contracts

Contract Administration Fund. Employers who are signatory to this Agreement shall pay a contract administration fee of two ($.02) cents per hour for all hours worked during the term of this Agreement to fund the “Contract Administration Fund.” The contract administration fee shall be transmitted by check payable to the Heavy and Highway Contract Administration Fund, and sent to X.X. Xxx 0000, Xxxxxxx, XX 00000 by the fifteenth (15th) of each month. The Contract Administration Fund shall be administered as set forth in the Contract Administration Fund Agreement. WTEC shall be exclusively responsible for all auditing and collection responsibilities in conjunction with the Contract Administrative Fund. Further, WTEC agrees to hold the Union harmless with respect to the administration of this Article and the Contract Administration Fund

Appears in 3 contracts

Samples: Heavy and Highway Construction Agreement, Heavy and Highway Construction Agreement, Heavy and Highway Construction Agreement

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