What is the Davis-Bacon Act?
The Davis-Bacon Act is a federal labor law passed in 1931 that applies to construction workers in the United States. It was passed to ensure that construction workers receive a minimum wage when working on publically funded projects in the US, including projects in Colorado. The Davis-Bacon Act requires employers to pay their workers wages equal to or greater than the locally prevailing wages and fringe benefits that are already established for similar types of work in the area. It also requires employers to keep accurate payroll records and submit weekly payroll reports that detail the wages paid to each employee on the job. The law is implemented through the Department of Labor, which establishes the prevailing wages for the different types of work. This means that the wages paid to workers depend on the type of work they are doing. For example, if an employer is building a new school in Colorado, the wages paid to the workers must be equal to or more than the prevailing wages for that type of work in the area. The Davis-Bacon Act is important for ensuring that construction workers are paid fairly for the work they do on public projects. Without this law, construction workers could be undersold and employers could cut labor costs by not paying the fair market rate. The Davis-Bacon Act ensures that workers have the minimum necessary to cover their needs while also ensuring that employers are paying reasonable wages.
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