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Sen. James J. Davis (R-PA) and Rep. Robert L. Bacon (R–NY-1), the co-sponsors of the Davis–Bacon Act. 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.
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
Some of the sources list many more exceptions to the main rate in each state (both lower or higher than the statewide rate). [5] The main source for the 2024 info is the U.S. Department of Labor. [1] Notes: Bolding indicates an increase from last year. [1] [2] [6] TBD means "to be determined" on that date.
Hawaii's new minimum wage—$14 an hour—is estimated to affect 21.8 % of the state's workforce and result in a $1, 380 boost in annual wages for the average full-time, year-round affected worker ...
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 ...
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Codex Hammurabi Law 234 (c. 1755–1750 BC) stipulated a 2-shekel prevailing wage for each 60-gur (300-bushel) vessel constructed in an employment contract between a shipbuilder and a ship-owner. [7] [8] [9] Law 275 stipulated a ferry rate of 3-gerah per day on a charterparty between a ship charterer and a shipmaster.
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