Michigan Laws 408.1106 – Prevailing wages and fringe benefits; failure to pay, termination of contract; contractor’s liability and sureties
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 408.1106
- Contract: A legal written agreement that becomes binding when signed.
- Contracting agent: means any officer, school board, board or commission of the state, or a state institution supported in whole or in part by state funds, authorized to enter into a contract for a state project or to perform a state project by the direct employment of labor. See Michigan Laws 408.1101
The contracting agent, by written notice to the contractor and the sureties of the contractor known to the contracting agent, may terminate the contractor’s right to proceed with that part of the contract, for which less than the prevailing rates of wages and fringe benefits have been or will be paid, and may proceed to complete the contract by separate agreement with another contractor or otherwise, and the original contractor and the original contractor’s sureties shall be liable to the contracting agent for any excess costs occasioned thereby.