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This Standard Form 33, Solicitation, Offer and Award is the solicitation/contract form used by the federal government, not only to solicit orders, but also to award a contract, since it is a bilateral (two-signature) document. This means the bidder signs the document and submits it to the government.
Minnesotas prevailing wage law (Minnesota Statutes 177.41 through 177.44) requires employees working on state-funded construction projects or other projects covered by that law be paid wage-rates comparable to wages paid for similar work in the area where the project is located.
Prevailing wage typically refers to the rate of pay that contractors and vendors must offer their employees when doing business with a government agency.
For example, if the employee works 40 hours a week, their pay on a non-prevailing wage project would be $400 (40 hours x $10 per hour). However, on a prevailing wage project, their pay would be $720 (40 hours x $18 per hour).
A. The prevailing wage rate is the basic hourly rate paid on public works projects to a majority of workers engaged in a particular craft, classification or type of work within the locality and in the nearest labor market area (if a majority of such workers are paid at a single rate).
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Workers required to work in excess of eight hours a day or 40 hours a week shall be compensated at a rate of 1.5 times the basic hourly rate plus fringe benefits as determined by the federal and/or state government.

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