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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 ...
The Davis–Bacon Act of 1931 and Walsh–Healey Public Contracts Act of 1936 ... The Employee Retirement Income Security Act of 1974 does create a series of rights ...
A "qualifying" deferred compensation plan is one complying with the ERISA, the Employee Retirement Income Security Act of 1974. Qualifying plans include 401(k) (for non-government organizations), 403(b) (for public education employers), 501(c) (3) (for non-profit organizations and ministers), and 457(b) (for state and local government ...
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
Under his stewardship, he reduced the department's staff and budget, reduced regulations on businesses through changes in the Occupational Safety and Health Act (OSHA) enforcement practices, revised the Davis–Bacon rules, modified Employee Retirement Income Security Act (ERISA) rules, created new industrial homework rules, and revised the ...
Robert Low Bacon (July 23, 1884 – September 12, 1938) was an American politician, a banker and military officer. He served as a congressman from New York from 1923 until his death in 1938. He is known as one of the authors of the Davis–Bacon Act of 1931 , which regulates wages for employees on federal projects.
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.
In 1932, 91-year-old Associate Justice Oliver Wendell Holmes Jr. announced his retirement from the Court. ... In 1931, Hoover signed the Davis–Bacon Act, ...