; (B) issue rules to determine penalties for noncompliance; and (C) notify the Office of any entity that is determined to be noncompliant. (3) Labor standards requirements The Director shall require an entity, as a condition of eligibility to receive funding under sections 301 to satisfy each of the following requirements: (A) The entity shall ensure that— (i) all laborers and mechanics employed on projects funded directly, or assisted in whole or in part, by this Act shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of part A of subtitle II of title 40, United States Code (commonly referred to as the ‘‘Davis-Bacon Act’’); (ii) all individuals employed using funds under this Act in the manufacture or furnishing of materials, supplies, articles, or equipment under the contract will be paid wages at rates not less than employees performing similar work or in the particular or similar industries or groups of industries currently operating in the locality in which the materials, supplies, articles, or equipment are to be manufactured or furnished as determined by the Secretary of Labor in accordance with sections 6501 through 6511 of title 41, United States Code (commonly referred to as the Public Contracts Act ); and (iii) all individuals employed in the various classes of service employees using funds under this Act are paid wages at rates not less than the employees performing similar work in the locality as determined by the Secretary under chapter 67 of title 41, United States Code (commonly known as the Service Contract Act )