All employees working on public projects.
What Type Of Plan Is The Davis-Bacon Pension Plan & Trust?
What Are The Benefits Of Adopting The Davis-Bacon Pension Plan & Trust?
What Are Fringe Benefits?
What Is A Prevailing Wage?
What Is The Davis-Bacon Pension Plan & Trust?
What Is A Service Contract?
The McNamara-O’Hara Service Contract Act (SCA) applies to every contract entered into by the United States or the District of Columbia, the principal purpose of which is to furnish services through the use of service employees. The SCA requires contractors and subcontractors performing services on covered federal contracts in excess of $2,500 to pay service employees in various classes no less than the local prevailing wage rates and to furnish fringe benefits found prevailing in the locality. Safety and health standards also apply to such contracts.
What Is A Little Davis-Bacon Job?
Several States have their own rules for paying prevailing wages for State contracted public works projects these are known as “Little Davis-Bacon” jobs. The bid spec provided by the awarding agency will represent which wages and rules you will follow whether you are Federally contracted in a Davis-Bacon job or a State contracted Little Davis-Bacon job.
What Is The Davis-Bacon Act?
The Davis-Bacon Act of 1931 requires any contractor or subcontractor performing work on a federal government construction contract or federally assisted construction contract over $2,000, to pay their workers on-site not less than the local prevailing wages and fringe benefits paid on similar projects as determined by the Secretary of Labor.
The act named after James J. Davis a Senator from Pennsylvania and Representative Robert L. Bacon of Long Island New York, was signed into law by President Hebert Hoover on March 3, 1934 as a way of providing some market stability in an inherently unstable construction industry.