(a) Under the amendments, the Secretary is obligated to make a
separate finding of the rate of contribution or cost of fringe benefits.
Only the amount of contributions or costs for fringe benefits which meet
the requirements of the act will be considered by
the Secretary. These requirements are discussed in this subpart.
(b) The rate of contribution or cost is ordinarily an hourly rate,
and will be reflected in the wage determination as such. In some cases,
however, the contribution or cost for certain fringe benefits may be
expressed in a formula or method of payment other than an hourly rate.
In such cases, the Secretary may in his discretion express in the wage
determination the rate of contribution or cost used in the formula or
method or may convert it to an hourly rate of pay whenever he finds that
such action would facilitate the administration of the Act. See
Sec. 5.5(a)(1)(i) and (iii).