As used in Section 13-4-11 NMSA 1978, "wages",
"scale of wages", "wage rates", "minimum
wages" and "prevailing wages" include:
(1) the basic hourly rate of pay; and
(2) the amount of:
(A) the rate of contribution irrevocably made by a contractor,
subcontractor, employer or any person acting as a contractor
to a trustee or a third person pursuant to a fund, plan or program;
and
(B) the rate of costs to a contractor, subcontractor, employer
or any person acting as a contractor which reasonably may be
anticipated in providing benefits to laborers and mechanics
pursuant to an enforceable commitment to carry out a financially
responsible plan or program which was communicated in writing
to the laborers and mechanics affected for: 1) medical or hospital
care; 2) pensions on retirement or death; 3) compensation for
injuries or illness resulting from occupational activity; or
4) insurance to provide for any of the foregoing; and for: 5)
unemployment benefits; 6) life insurance; 7) disability and
sickness insurance; 8) accident insurance; 9) vacation and holiday
pay; 10) costs of apprenticeship or other similar programs;
or for 11) other bona fide fringe benefits; but only where the
contractor, subcontractor, employer or any person acting as
a contractor is not required by other federal, state or local
law to provide any of the foregoing or similar benefits.
