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https://www.acquisition.gov/far/52.222-4
No Contractor or subcontractor employing laborers or mechanics (see Federal Acquisition Regulation 22.300) shall require or permit them to work over 40 hours in any workweek unless they are paid at least 1 and 1/2 times the basic rate of pay for each hour worked over 40 hours. (b) Violation; liability for unpaid wages; liquidated damages. The responsible Contractor and subcontractor are …
https://www.acquisition.gov/far/16.602
16.602. Labor-hour contracts. Description. A labor-hour contract is a variation of the time-and-materials contract, differing only in that materials are not supplied by the contractor. See 12.207 (b), 16.601 (c), and 16.601 (d) for application and limitations, for time-and-materials contracts that also apply to labor-hour contracts.
https://www.foxhire.com/blog/do-contract-employees-get-paid-overtime-rate/
Keep in mind that if the contractor works more than 40 hours in a work week, you would still be required to pay the overtime, but you may not bill the client for it. If you feel like your profit margin is high enough, another way to handle the situation is to give your client a “discount” on the overtime bill rate by charging them less than 1.5 times the regular bill rate.
https://hoursfinder.com/a-hours/all-systems-contracting-hours.html
(2) Does the senior contracting supervisor retain functional/supervisory control over all contracting personnel? (3) Are collocated cells limited to $100K in contracting authority (the SAP threshold)? 3-5. Career Program Management. a. Professionalizing the Workforce. (DOD Directives 5000.23/5000.52-M)
https://www.overtimepaylaws.org/federal-contractor-barred-for-overtime-violations/
Federal Contractor Barred For Overtime Violations. WASHINGTON D.C. — A federal contractor has recently been barred from contracting with the federal government for three years due to wage violations. According to Department of Labor (DOL) findings, Garcia Forest Service LLC violated two federal contract acts, the McNamara-O’Hara Service Contract Act and the Contract Work Hours and Safety Standards …
http://www.itcontractor.com/Should_IT_Contractors_on_daily_rates_do_Unpaid_Overtime/
Unpaid Overtime for IT Contractors. We picked up some correspondence from another site where an IT contractor on a daily rate was being asked to do unpaid overtime, which he said wasn’t in his contract, and which his client said was in their contract with the agency.. It sparks the question, though, of what a daily rate is.
https://www.cdc.gov/contracts/about-CDC-contracts/types.html
Used only when the contracting officer determines that no other contract type is suitable. When acquiring commercial services, a time-and-materials or labor hours contract may be used only when the award of the contract or order is made using competitive procedures. Indefinite-Delivery, Indefinite-Quantity
https://www.freshbooks.com/hub/accounting/overhead-cost
Overhead allocation rate = Total overhead / Total labor hours. $500/150 = $3.33. This means for every hour needed to make a product, you need to allocate $3.33 worth of overhead to that product. Allocate Overhead Costs. Apply the overhead by multiplying the overhead allocation rate by the number of direct labor hours needed to make each product.
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