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Read up on DBA rules before bidding on public jobs
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Description
Abstract: Construction companies that perform on federally funded projects must grapple with the Davis-Bacon Act (DBA), which sets worker compensation based on the prevailing wage rates in the area. Most states have similar rules. It’s critical for contractors to know all applicable rules so they can prepare accurate bids and manage labor costs. This article discusses the latest DBA rules, which apply to contracts entered into after October 23, 2023.
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