,,ii #aah? ,,congress #a/ ,session ,s4 #cce ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #i1 #bjbc,mr4 ,lank=d introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ,a ,,bill ,to e/abli% a socioeconomic labor ?re%old & use t ?re%old = purposes ( *apt] #fg ( title #da1 ,unit$ ,/ates ,code4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,s]vice ,contract ,mod]nization ,act4 #b4 ,socioeconomic labor ?re%old 7a7 ,9 g5]al ,= purposes ( ?is ,act1 ! socioeconomic labor ?re%old is-- 7#a7 = ! p]iod beg9n+ on ! date ( enactm5t ( ?is ,act & end+ on ,octob] #a foll[+ su* date ( enactm5t1 ! am\nt det]m9$ by ! ,secret>y ( ,labor "u subsection 7b77#a72 & 7#b7 = ea* #a-ye> p]iod beg9n+ on ,octob] #a foll[+ su* date ( enactm5t1 ! am\nt det]m9$ by ! ,secret>y ( ,labor "u subsection 7b77#b74 7b7 ,inflation adju/m5ts 7#a7 ,initial p]iod ,! am\nt det]m9$ "u ?is p>agraph = ! p]iod describ$ 9 subsection 7a77#a7 %all be #b1ejj z-- 7,a7 increas$ by ! p]c5tage increase 9 ! ,consum] ,price ,index = ,all ,urban ,consum]s 7all items2 ,unit$ ,/ates city av]age71 z publi%$ by ! ,bureau ( ,labor ,/ati/ics1 comp>+-- 7i7 su* ,consum] ,price ,index = ,octob] ( #aife2 & 7ii7 su* ,consum] ,price ,index = ! mo/ rec5t mon? z ( ! date ( enactm5t ( ?is ,act = :i* su* ,consum] ,price ,index is available2 & 7,b7 7if applicable71 r\nd$ to ! ne>e/ multiple ( #ajj4 7#b7 ,subsequ5t p]iods 7,a7 ,9 g5]al ,! am\nt det]m9$ "u ?is p>agraph = ! applicable p]iod describ$ 9 subsection 7a77#b7 %all be ! am\nt 9 effect on ! date ( su* det]m9ation z-- 7i7 increas$ 7if applicable7 f su* am\nt by ! annual p]c5tage increase1 if any1 9 ! ,consum] ,price ,index = ,all ,urban ,consum]s 7all items2 ,unit$ ,/ates city av]age71 z publi%$ by ! ,bureau ( ,labor ,/ati/ics1 f ! prec$+ ye> z calculat$ 9 accordance ) subp>agraph 7,b72 & 7ii7 7if applicable7 r\nd$ to ! ne>e/ multiple ( #ajj4 7,b7 ,consum] ,price ,index ,9 mak+ ! det]m9ation "u subp>agraph 7,a7 & calculat+ ! p]c5tage increase 9 ! ,consum] ,price ,index = ,all ,urban ,consum]s "u subp>agraph 7,a77i71 ! ,secret>y ( ,labor %all comp>e ! ,consum] ,price ,index = ,all ,urban ,consum]s 7all items2 ,unit$ ,/ates city av]age71 z det]m9$ by ! ,bureau ( ,labor ,/ati/ics1 = ,june ( ! cal5d> ye> 9 :i* su* det]m9ation is made ) ! ,consum] ,price ,index = ,all ,urban ,consum]s 7all items2 ,unit$ ,/ates city av]age71 z det]m9$ by ! ,bureau ( ,labor ,/ati/ics1 = ,june ( ! prec$+ cal5d> ye>4 7,c7 ,rule ( con/ruction ,) respect to a det]m9ation "u subp>agraph 7,a7 ( ! am\nt 9 effect "u ?is p>agraph = an applicable p]iod "u subsection 7a77#b71 if !re is n an annual p]c5tage increase 9 ! ,consum] ,price ,index = ,all ,urban ,consum]s 7all items2 ,unit$ ,/ates city av]age7 f ! prec$+ ye> z describ$ 9 subp>agraph 7,a77i71 ! am\nt 9 effect "u ?is subsection = su* applicable p]iod %all be ! am\nt 9 effect "u subsection 7a7 on ! date ( su* det]m9ation4 #c4 ,am5dm5ts to ! ,mc,namara-,o',h>a ,s]vice ,contract ,act 7a7 ,def9ition ,section #fgja ( title #da1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by r$esignat+ p>agraph 7#d7 z p>agraph 7#e72 & 7#b7 by ins]t+ aft] p>agraph 7#c7 ! foll[+3 7#d7 ,socioeconomic labor ?re%old ,! t]m socioeconomic labor ?re%old means ! socioeconomic labor ?re%old e/abli%$ "u section #b ( ! ,s]vice ,contract ,mod]nization ,act4 4 7b7 ,applicability ?re%old ,section #fgjb7;a77#b7 ( title #da1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7#b7 involves an am\nt exce$+-- 7,a7 = contracts & bid specifications made prior to ! date ( enactm5t ( ! ,s]vice ,contract ,mod]nization ,act1 #b1ejj2 & 7,b7 = contracts & bid specifications made on or aft] su* date ( enactm5t1 ! socioeconomic labor ?re%old4 4