Prevailing Wage

The Federal Government requires the payment of Prevailing Wages for all Construction Contracts that have federal funding that exceeds $2,000, which includes federal, state and local public works projects. The Federal Davis/Bacon Act was signed into law by President Hebert Hoover in 1931 and amended in 1935 with wage conditions and amended again in 1964 to include the consideration of fringe benefits.

US – Department of Labor and Davis Bacon Web Links:

 

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