1998 013 Ordinance - Laserfiche WebLink

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16. P v ' ing Wage. l:n accordance with Ohio Revised Code Chapter 4115, construction projects involving moneys allocated from General Revenue Fund 195-629, Roadwork Development Program, may require the recipient of the funds to pay prevailing wage rates for workers involved in any construction activity on the Project. It shall be the responsibility of the Grantee to comply with all prevailing wage requirements. The Ohio Bureau of Employment Services, Wage and Hour Division will make all determinations on the requirements of paying prevailing wages. If the Ohio Bureau of Employment Services, Wage and Hour Division determines that prevailing wage rates are to be paid, then pursuant to Ohio Revised Code Section 4115.032, the Ohio Department of Development shall designate a Prevailing Wage Coordinatorwho shall be vested with all the powers, duties, and responsibilities required by law of a Wage Coordinator. The parties agree that it is the responsibility and duty of the Grantee to comply with all prevailing wage requirements as set forth in the O.RC. 4115 et.seq., and which maybe lawfully imposed by the Prevailing Wage Coordinatoz 17. Definition of Market Conditions. For the purposes of this Agreement, "Market Conditions" shall be determinedby the Director of Development, with the advice from the Federal Reserve Bank of Cleveland. The Director of Development shall consider the following: a. Two consecutive quarters of decline in manufacturing employment in the State of Ohio . as a whole or when possible by relevant manufacturing sector. Employment figures will be those reported by the Ohio Bureau of Employment Services. b. A decline, as a whole or by relevant sector, in twelve (12) of the last thirty-six (36) months as detailed in the Federal Reserve's national industrial production index. c. A decline within the relevant sector of Standazd and Poor's "Industrial Outlook". 18. Records Access and Maintenance. The Grantee shall establish and maintain for at least three (3) years from the termination of this Agreement such records as aze required by the Grantor, including but not limited to, financial reports, intake and participant information, and all other relevant information. The parties further agree that records required by the Grantor with respect to any questioned costs, audit disallowances, litigation or dispute between-the Grantor and the Grantee shall be maintained for the time needed for the resolution of said question and that in the event of early termination of this Agreement, or if for any other reason the Grantor shall require a review of the records related to the Project, the Grantee shall, at its own cost and expense, segregate all such records related to the Project from its other records of operation. 19. Audits and Inspections At any time during normal business hours upon written notice and as often as the Grantor may deem necessary, the Grantee shall make available to the Grantor, for examination, and to appropriate state agencies or officials, all of its records with respect to matters covered by this Agreement including, but not limited to, records of personnel and conditions of employment and shall permit the Grantor to audit, examine and make excerpts or transcripts from such records. 20. Termination. If, as determined by the Grantor, the Grantee has failed to perform satisfactorily any requirements of this Agreement, or if the Grantee is in violation of any provision 629fy98~mayfield.142 4