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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 ...
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
“When we are talking about the wage for a carpenter or an electrician, maybe Illinois’ prevailing wage is $93 and the Davis-Bacon wage is $90, with total benefits.
For certain federal or state government contracts, employers must pay the so-called prevailing wage as determined according to the Davis–Bacon Act or its state equivalent. Activists have undertaken to promote the idea of a living wage rate which accounts for living expenses and other basic necessities, setting the living wage rate much higher ...
A New Deal-era law, the Davis-Bacon Act, tasks the Labor Department with establishing wage floors for federally funded construction projects, which are based on the prevailing wages for certain ...
This story was updated on Oct. 17, 2014. In his 2014 State of the Union address, President Obama called for Congress to raise the federal minimum wage to $10.10 an hour in order to reflect the ...
The first table contains a list of U.S. states and territories by annual median income. The second table contains a list of U.S. states and territories by annual mean wage. Information from an unknown source; Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2]
Those workers helped build Hackney House Apartments, which opened in 2022 at the Pabst Farms site. Their employers violated the Davis-Bacon Act.