June 26, 2006 Page 4 of 5

ASSOCIATION OF CONTRACTING PLUMBERS OF THE CITY OF NEW YORK, INC. 44 WEST 28TH STREET, 12TH FLOOR, NEW YORK, N.Y. 10001 (212) 481-4580

FOREMEN & DEPUTY FOREMEN RESIDENTIAL 1-2-3 FAMILY HOMES – PRIMARY "A" DIVISION LOCAL #1 JULY 1, 2006 THROUGH DECEMBER 31, 2006
Effective Saturday, July 1, 2006 there is a change in the wage rate and fringe benefits for Journeymen employed on Residential 1-2-3 Family Homes. Therefore, the wage rate and fringe benefits for Foremen and Deputy Foremen employed on Residential 1-2-3 Family Homes will change. Therefore, there shall be a wage rate increase of seventy cents (.70¢) per hour (column 1), a fringe benefits (.21¢ - Welfare Fund and .07¢ - Holiday and Vacation Fund) increase of twenty-eight cents (.28¢) per hour (column 3), which is a package increase of ninety-eight cents (.98¢) per hour (column 5) for Foremen and Deputy Foremen employed on Residential 1 - 2 - 3 Family Homes. In addition, there shall be a F.I.C.A. payment increase of one cent (.01¢) per hour (column 3). A new scheule of wage rates, fringe benefits and other provisions follows:

SCHEDULE OF WAGE RATES, FRINGE BENEFITS AND OTHER PROVISIONS
		(1)	(2)	(3)	(4)	(5)	(6)	(7)
		Wage Rate Per Hour	Deduct Union Assessment Check-Off	Fringe Benefits Per Hour	National Pension Fund Per Hour	Approx. Wage & Benefits Package Per Hour	Add Promotion Fund Per Pay Hour	Add Inter- national Training Fund Per Hour
Foreman	New Rates 7/1/2006	$33.70**	3% of Gross Wages .10¢ Per Hour*	$15.20	$4.75	$53.65	.50¢	.05¢
Deputy Foreman	New Rates 7/1/2006	$32.35**	3% of Gross Wages .10¢ Per Hour*	$15.20	$4.75	$52.30	.50¢	.05¢

UNION ASSESSMENT CHECK-OFF– 3% of Gross Wages paid to Foreman & Deputy Foremen shall be deducted from weekly gross wages. Plus five cents (.05¢) per hour for the Political Action Committee Fund.

*INDUSTRY ORGANIZING FUND - Ten cents (.10¢) per pay hour shall be dedicated to an Industry Organizing Fund to advance the interests of the Industry.

**ADDITIONAL SECURITY BENEFITS FUND - Twenty-Five cents (.25¢) per hour shall be deducted, after taxes, from weekly wages and sent to a "new" Additional Security Benefits Fund.

EXPENSE ALLOWANCE FOR PERSONAL SAFETY ITEMS– Twenty-eight cents (.28¢) per hour shall be paid to Foreman & Deputy Foremen, for each hour worked (work hour), as an expense allowance to provide the funds for his/her personal safety and health related items. Since this is an expense allowance it should be paid separate from wages, and it should be paid on the same day and at the same time as wages.

OVERTIME WAGES AND FRINGE BENEFITS– Payments for Wages, Fringe Benefits and Contributions on OVERTIME WORK will be at DOUBLE TIME.

NOTE: THE ABOVE RATES ARE BASED ON A WORK DAY OF EIGHT (8) HOURS PER DAY.