The U.S. Department of Labor has given the green light to a new rule under the Davis-Bacon Act that changes how prevailing wages are determined for construction projects funded by the federal government. This update will lead to a significant change to wage assessments and is great news for those in the construction industry.
The Davis-Bacon Act affects nearly all government-funded projects and is a common piece of prevailing wage legislation. Basically, it says that companies working on these projects ...
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