(a) Employees engaged in or connected with the manufacture,
fabrication, assembling, handling, supervision, or shipment of
materials, supplies, articles, or equipment used in the performance of
the contract may be employed in excess of 40 hours in any one week:
Provided, Such persons shall be paid for any hours in excess of 40 hours
in any one week the overtime rate of pay which has been set therefor by
the Secretary of Labor.
(b) Until otherwise set by the Secretary of Labor the rate of pay
for such overtime shall be one and one-half times the basic hourly rate
received by the employee. The ``basic hourly rate'' means an hourly rate
equivalent to the rate upon which time-and-one-half overtime
compensation may be computed and paid under section 7 of the Fair Labor
Standards Act of 1938, as amended. The basic hourly rate may, in no
case, be less than the applicable minimum wage.
(c) If in any one week or part thereof an employee is engaged in
work covered by the contract's stipulations, overtime shall be paid for
any hours worked in excess of 40 hours in any one week at the overtime
rate set forth in paragraph (b) of this section.
(d) The overtime pay requirements of this section shall be deemed to
be complied with in the case of any employee employed as provided in
section 7(b) of the Fair Labor Standards Act of 1938, as amended,
pursuant to the provisions of paragraph (1) or (2) of that section.
[7 FR 4494, June 16, 1942, as amended at 18 FR 1832, Apr. 2, 1953.
Redesignated at 24 FR 10952, Dec. 30, 1959, as amended at 51 FR 12266,
Apr. 9, 1986. Redesignated at 61 FR 40716, Aug. 5, 1996]
