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New Accounts

New BOLI Prevailing Wage Rate Assessment and
Building Solar Energy Technology Accounts

The following account codes are needed to track expenses required under OAR 330-135 and OAR 839-025. Both have effective dates of January 1, 2008.

40504  Building - Solar Energy Technology

  • Definition: Expenditures related to the requirement to spend 1.5% for Solar Energy in Public Building Construction Contracts as required by OAR 330-135. Public contracting agencies are required to "spend an amount equal to at least 1.5 percent of a public improvement contract for the construction or major renovation of a public building for the inclusion of appropriate solar energy technology in the building."  The rule applies only to new capital construction project which total $1M and major improvements that exceed $1M and 50% of the insured value of the building.  The law does not apply to public improvements that are not buildings (i.e. motor pools, parking lots, maintenance sheds, roads, sewers, etc.)  For further information on spending requirements see OAR 330-135.

28078  BOLI Prevailing Wage Rate Fee
40320  Land - BOLI Prevailing Wage Rate Fee
40420  IOTB - BOLI Prevailing Wage Rate Fee
40520  Building - BOLI Prevailing Wage Rate Fee
40720  Infrastructure - BOLI Prevailing Wage Rate Fee

  • Definition: This assessment is due to the Bureau of Labor and Industries (BOLI) Prevailing Wage Rate Unit for every contract awarded to a contractor for a public work which is regulated under the Prevailing Wage Rate Unit.  The fee is equal to one tenth of one percent (.001) of the contract price but must be no less than $100 and no more than $5,000 regardless of the contract price.  For further information see OAR 839-025.

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Last Updated: 02/11/08