Prevailing Wage Update: DOL’s Revamp of DBA Approaches Final Rule
On August 8, 2023, the U.S. Department of Labor (DOL) issued new regulations addressing prevailing wage requirements under the Davis-Bacon Act (DBA). The final rule alters how the DOL will calculate the prevailing wage applicable to a given classification and makes additional significant changes to the DBA regulatory scheme. 50% Rule Replaced by 50%/30% Rule Under […]