What are Davis Bacon requirements?
The Davis-Bacon Act, as amended, requires that each contract over $2,000 to which the United States or the District of Columbia is a party for the construction, alteration, or repair of public buildings or public works shall contain a clause setting forth the minimum wages to be paid to various classes of laborers and …
What contracts are subject to the Davis-Bacon Act?
The Davis-Bacon Act applies to each federal government or District of Columbia contract in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works.
What triggers Davis Bacon?
Davis-Bacon Prevailing Wages – The Davis-Bacon Act (40 USC, Chapter 3, Section 276a-276a-5; and 29 CFR Parts 1, 3, 5, 6 and 7) is triggered when any construction work over $2,000 is financed in whole or in part with CDBG funds.
How Davis Bacon wages are determined?
Minimum Davis-Bacon wages are “based on the wages the Secretary of Labor determines to be prevailing for the corresponding classes of laborers and mechanics employed on projects of a character similar to the contract work” in that local area (40 U.S.C. 3142).
What are fringes in Davis Bacon wages?
In responding to a Davis-Bacon prevailing wage survey, what can we count as fringe benefits? Fringe benefits are: Contributions irrevocably made to a trustee or third party pursuant to a bona fide fringe benefit fund plan or program.
What are fringes in prevailing wage?
Prevailing Wage Fringe Benefits The Prevailing Wage Rate has 2 parts: Basic Rate is the money that must be paid to the employee by the employer. Fringe Benefits are the combination of benefits such as Health Care, Vacation, Pension and Training provided by the employer to the employee.
What do you need to know about the Davis Bacon Act?
Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area. The Davis-Bacon Act directs the Department of Labor to determine such locally prevailing wage rates.
What’s the wage for Davis Bacon highway construction?
The Davis-Bacon Highway-Heavy Construction Wage Decisions, of the U.S. Department of Labor (U.S. DOL), apply to all Federal-aid construction contracts exceeding $2,000.
What is Davis Bacon wage in South Dakota?
The Transportation Commission adopted that the U.S. DOL’s Davis-Bacon Wage Decisions will also apply to the South Dakota Department of Transportation’s non-Federal funded highway construction contracts where the award amount meets or exceeds $100,000.