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. „ <br /> (c) WHENEVER THE MINIMUM WAGE RATE PRESCRIBED IN THE <br /> CONTRACT FOR A CLASS OF LABORERS OR MECHANICS INCLUDES A FRINGE <br /> BENEFIT WHICH IS NOT EXPRESSED AS AN HOURLY RATE, THE CONTRACTOR <br /> SHALL EITHER PAY THE BENEFIT AS STATED IN THE WAGE DETERMINATION <br /> OR SHALL PAY ANOTHER BONA FIDE FRINGE BENEFIT OR AN HOURLY CASH <br /> EQUIVALENT THEREOF. <br /> (d) IF THE CONTRACTOR DOES NOT MAKE PAYMENTS TO A <br /> TRUSTEE OR OTHER THIRD PERSON, THE CONTRACTOR MAY CONSIDER AS PART <br /> OF THE WAGES OF ANY LABORER OR MECHANIC THE AMOUNT OF ANY COSTS <br /> REASONABLY ANTICIPATED IN PROVIDING BONA FIDE FRINGE BENEFITS y <br /> UNDER A PLAN OR PROGRAM, PROVIDED, THAT THE SECRETARY OF LABOR HAS _ <br /> FOUND, UPON THE WRITTEN REQUEST OF THE CONTRACTOR, THAT THE <br /> APPLICABLE STANDARDS OF THE DAVIS-BACON ACT HAVE BEEN MET. THE ^ <br /> SECRETARY OF LABOR MAY REQUIRE THE CONTRACTOR TO SET ASIDE IN A <br /> SEPARATE ACCOUNT ASSETS FOR THE MEETING OF OBLIGATIONS UNDER THE <br /> PLAN OR PROGRAM. <br /> (2) WITHHOLDING. UMTA SHALL UPON ITS OWN ACTION OR UPON <br /> WRITTEN REQUEST OF AN AUTHORIZED REPRESENTATIVE OF THE DEPARTMENT <br /> OF LABOR WITHHOLD OR CAUSE TO BE WITHHELD FROM THE CONTRACTOR, <br /> UNDER THIS AGREEMENT OR ANY OTHER FEDERAL CONTRACT in1ITH THE SAME <br /> RECIPIENT OR ANY OTHER FEDERALLY-ASSISTED CONTRACT SUBJECT TO <br /> DAVIS-BACON PREVAILING WAGE REQUIREMENTS, WHICH IS WITHHELD BY THE <br /> SAME PRIME CONTRACTOR, SO MUCH OF THE ACCRUED PAYMENTS OR ADVANCES <br /> AS MAY BE CONSIDERED NECESSARY TO PAY LABORERS AND MECHANICS, <br /> INCLUDING APPRENTICES, TRAINEES, AND HELPERS, EMPLOYED BY THE <br /> CONTRACTOR OR ANY SUBCONTRACTOR THE FULL AMOUNT OF WAGES REQUIRED <br /> BY THE CONTRACT. IN THE EVENT OF FAILURE TO PAY ANY LABORER OR <br /> MECHANIC, INCLUDING ANY APPRENTICE, TRAINEE, OR HELPER, EMPLOYED <br /> OR WORKING ON THE SITE OF THE WORK (OR UNDER THE UNITED STATES <br /> HOUSING ACT OF 1937 OR UNDER THE HOUSING ACT OF 1949 IN THE <br /> CONSTRUCTION OR DEVELOPMENT OF THE PROJECT) , ALL OR PART OF THE <br /> WAGES REQUIRED BY THE CONTRACT, UMTA MAY, AFTER WRITTEN NOTICE <br /> TO THE CONTRACTOR, SPONSOR, APPLICANT, OR OWNER, TAKE SUCH ACTION <br /> AS MAY BE NECESSARY TO CAUSE THE SUSPENSION OF ANY FURTHER <br /> PAYMENT, ADVANCE, OR GUARANTEE OF FUNDS UNTIL SUCH VIOLATIONS <br /> HAVE CEASED. <br /> (3) PAYROLLS AND BASIC RECORDS. (a) PAYROLLS AND BASIC <br /> RECORDS RELATING THERETO SHALL BE MAINTAINED BY THE CONTRACTOR <br /> DURING THE COURSE OF THE WORK AND PRESERVED FOR A PERIOD OF <br /> THREE YEARS THEREAFTER FOR ALL LABORERS AND MECHANICS WORKING <br /> AT THE SITE OF THE WORK (OR UNDER THE UNITED STATES HOUSING <br /> ACT OF 1937, OR UNDER THE HOUSING ACT OF 1949, IN THE CONSTRUCTION <br /> OR DEVELOPMENT OF THE PROJECT) . SUCH RECORDS SHALL CONTAIN <br /> THE NAME, ADDRESS, AND SOCIAL SECURITY NUMBER OF EACH SUCH <br /> WORKER, HIS OR HER CORRECT CLASSIFICATION, HOURLY RATES OF <br /> WAGES PAID (INCLUDING RATES OF CONTRIBUTIONS OR COSTS ANTICIPATED <br /> FOR BONA FIDE FRINGE BENEFITS OR CASH EQUIVALENTS THEREOF OF <br /> THE TYPES DESCRIBED IN SECTION 1 (b) (2) (B) OF THE DAVIS-BACON ACT) , <br /> Page 30 <br />