motor carrier policy. A commercial auto policy introduced by Insurance Services Office, Inc. (ISO), in 1993 to address the needs of the motor carrier (i.e., trucking) industry. Coverages available include auto liability, trailer interchange, and auto physical damage; other coverages are available by endorsement.
Prevailing wage rate requirements do not apply to contracts where the scope. of work is solely for the removal of debris and related clean up; however, if the. debris removal is performed in conjunction with other repair or reconstruction work, prevailing wage rate requirements apply.
The prevailing wage is the basic hourly rate and the cost to an employer of providing a laborer or mechanic with fringe benefits. A contractor must pay the minimum prevailing wages on State or county public works construction projects in excess of $2,000.