Common use of XXXXX BACON ACT Clause in Contracts

XXXXX BACON ACT. Contractor herby agrees that it shall comply with all rulings and interpretations of the Xxxxx-Xxxxx Act (40 USC 276a-5) and that the contractor and subcontractor agrees that all employees shall be paid the local prevailing wages as established by Virgin Islands statutes and laws. (Only insert if Contract involves federal funds)

XXXXX BACON ACT. Contractor herby agrees that it shall comply with all rulings and interpretations of the Xxxxx-Xxxxx Act (40 USC 276a-5) and that the contractor and subcontractor agrees that all employees shall be paid the local prevailing wages as established by Virgin Islands statutes statues and laws. (Only insert if Contract involves federal funds)