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There are a number of laws that affect the wages paid by firms holding contracts with...

There are a number of laws that affect the wages paid by firms holding contracts with agencies of the U.S. government. Name two of these laws, the firms which are affected and which services, associated with the act.
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Answer #1

Please see the below two laws:

1). Fair Labor Standard Act (FLSA) :It prescribes standards for wages and overtime pay. The act is administered by the Wage and Hour Division. It requires employers to pay covered employees who are not otherwise exempt at least the federal minimum wage and overtime pay of one-and-one-half-times the regular rate of pay.

2) Longshore and Harbor Workers' Compensation Act (LHWCA) : It is administered by The Office of Workers Compensation Programs (OWCP), provides for compensation and medical care to certain maritime employees (including a longshore worker or other person in longshore operations, and any harbor worker, including a ship repairer, shipbuilder, and shipbreaker) and to qualified dependent survivors of such employees who are disabled or die due to injuries that occur on the navigable waters of the United States, or in adjoining areas customarily used in loading, unloading, repairing or building a vessel.

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