Construction Wage Rate Requirements - Price Adjustment (Actual Method); FAR Section Affected: 52.222-32

The Federal Acquisition Regulation (FAR) clause at 52.222-32, Construction Wage Rate Requirements-Price Adjustment (Actual Method), requires that a contractor must submit at the exercise of each option to extend the term of the contract, a statement of the amount claimed for incorporation of the most current wage determination by the Department of Labor (DoL), and any relevant supporting data, including payroll records, that the contracting officer may reasonably require. The contracting officer may include this clause in fixed-price solicitations and contracts, subject to the Construction Wage Rate Requirements statute, that will contain option provisions to extend the term of the contract.

The latest form for Construction Wage Rate Requirements - Price Adjustment (Actual Method); FAR Section Affected: 52.222-32 expires 2021-09-30 and can be found here.