Public Housing Agency/Indian Housing Agency:
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Work Classification:
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Column 1
Employer |
Column 2 No. Employed |
Column 3 Basic Hourly Wage Rate |
Column 4 Fringe Benefits (Hourly Rate) |
Weighted Rates |
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Column 5 Basic Hourly Wage Rate |
Column 6 Fringe Benefits (Hourly Rate) |
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$ |
$ |
$ |
$ |
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$ |
$ |
$ |
$ |
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$ |
$ |
$ |
$ |
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$ |
$ |
$ |
$ |
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$ |
$ |
$ |
$ |
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$ |
$ |
$ |
$ |
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TOTALS: (Use additional sheets, if needed.) |
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$ |
$ |
$ |
$ |
Instructions:
Enter the data received on survey responses (e.g., HUD-4751). Use a separate Summary Sheet for each maintenance job classification to calculate the prevailing wage rate for that classification.
Prevailing Wage Rate Calculations:
1) Majority Rate: |
Where a majority of workers in the same work classification earn the same basic wage rate or fringe benefit rate, the basic rate or fringe rate (or both, if applicable) paid to the majority is the prevailing rate(s). List any prevailing rate(s) based on the majority in the appropriate spaces, below. Or,
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2) Weighted Average: |
Where there is no majority for the basic rate or fringe benefit rate, the prevailing wage rate(s) is the weighted average of all wage rates (basic or fringe benefit, as applicable) paid to workers in the classification. Calculate the weighted average of the basic or fringe benefit wage rate(s), as follows: Multiply each different wage rate (Column 3 and/or Column 4) by the number of workers receiving that wage rate (Column 2). Enter the products in Columns 5 and 6. Compute the total number of all workers (Column 2) and the total weighted basic and fringe benefit rates. Divide the total weighted basic rate or total weighted fringe benefit rate by the total number of workers to determine the weighted average. Enter the prevailing wage rate(s) based on weighted averaging in the appropriate spaces below. |
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Prevailing Wage Rates |
Basic Hourly Rate: $ |
Fringe Benefits (Hourly): $ |
File Type | application/msword |
File Title | Public Housing Agency/Indian Housing Agency: |
Author | Jade Banks |
Last Modified By | HUD User |
File Modified | 2015-07-16 |
File Created | 2015-07-16 |