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The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics. It applies to "contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or ...
On December 9, 1930, Doak was appointed by President Hoover to serve as Secretary of Labor, succeeding Senator James J. Davis. [1] He encouraged the passing of the Davis-Bacon Act , which determined the prevailing wage to be paid on a government contract or federally funded construction project.
Davis–Bacon Act of 1931 From a modification : This is a redirect from a modification of the target's title or a closely related title. For example, the words may be rearranged.
The Copeland Act takes its name from U.S. Senator Royal S. Copeland, its primary sponsor.Copeland's Senate Subcommittee on Crime found that up to 25% of the federal money paid for labor under prevailing wage rates was actually returned by the wage-earner as a kickback to the employing contractor or subcontractor, or to government officials. [1]
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There are also 32 states that have state prevailing wage laws, also known as "little Davis–Bacon Acts". The rules and regulations vary from state to state. As of 2016, the prevailing wage requirement, codified in the Davis–Bacon Act, increases the cost of federal construction projects by an average of $1.4 billion per year. [3]: 1
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President Johnson says the legislation updates the Davis–Bacon Act and "sensibly provides that wage determinations shall, in addition to cash wages, take account of prevailing benefits such as medical and hospital care, pensions and workmen's compensation, unemployment insurance, vacations, holidays, and other such factors." [96]