On page 2, line 18, after "wage." insert "Cost increases directly resulting from wage adjustments of the prevailing rate of wage pursuant to this subsection beyond a five percent increase in the prevailing rate of wage are a good cause justification for a contractor of any level affected by said increase to require a financial adjustment to the contract."

EFFECT: Provides that cost increases resulting from adjustments of the prevailing rate of wage beyond five percent are a good cause justification for a contractor at any level affected by the increase to require a financial adjustment to the contract.