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Executive Order 13658 establishes a minimum wage for certain Federal contractors. The Executive Order requires parties who contract with the Federal Government generally to pay workers performing work on or in connection with covered Federal contracts at least:
(1) $10.35 per hour beginning January 1, 2018; and
(2) Covered tipped employees performing work on or in connection with covered contracts generally must be paid a "cash wage" of at least $7.25 per hour
For more information, please refer to https://www.dol.gov/whd/flsa/eo13658/.