Glossary

Davis-Bacon

The Davis-Bacon Act was passed by Congress during the Great Depression to protect workers on federal projects from unfair wages. One aspect of the act is known as prevailing wage law. The prevailing wage is the hourly wage, benefits and overtime paid to most of the workers, laborers and mechanics within a particular area. Each state has their own “certified” wage rates contractors must abide by for federal jobs.

Back to the glossary

Ready to see more?

“Now I’m paying my workers for when they actually worked. We save $50,000 a year, maybe more.”

- Mike Cooper,
Cooper Drywall, Knoxville, TN

Calculate your savings today!

Ready to start seeing your savings?

Calculate now