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Steve R
2017-12-05
Just started using the program but have search many times before to find an easy way to access documents occasionally needed by our business. This format fits very well and will certainly increase the productivity of office hours. much thanks, Steve Rowell ( Brooks Carpet Inc. )
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The Davis-Bacon and Related Acts (BRA) require the payment of prevailing wages to laborers and mechanics employed on the site of the work of certain federal or federally assisted contracts for construction, alteration, or repair.
What Are Davis-Bacon Wages? Minimum Davis-Bacon wages are based on the wages the Secretary of Labor determines to be prevailing for the corresponding classes of laborers and mechanics employed on projects of a character similar to the contract work in that local area (40 U.S.C. 3142).
The Davis-Bacon Act, as amended, requires that each contract over $2,000 to which the United States or the District of Columbia is a party for the construction, alteration, or repair of public buildings or public works shall contain a clause setting forth the minimum wages to be paid to various classes of laborers and
The prevailing wages are determined based on wages paid to various classes of laborers and mechanics employed on specific types of construction projects in an area.
The following is an example of how to calculate overtime using the weighted average method. Using this methodology, the number of hours worked at each rate is multiplied by the rate of pay and the total is divided by the total hours worked in the week, including those over 40.
a. The Davis-Bacon Act (DBA). The Davis-Bacon Act requires the payment of prevailing wage rates (which are determined by the U.S. Department of Labor) to all laborers and mechanics on Federal government and District of Columbia construction projects in excess of $2,000.
The Davis-Bacon “prevailing wage” is the combination of the basic hourly rate and any fringe benefits listed in a Davis-Bacon wage determination. Contractors and subcontractors are required to pay covered workers weekly and submit weekly certified payroll records to the contracting agency.
The Davis-Bacon Act requires the payment of prevailing wage rates (which are determined by the U.S. Department of Labor) to all laborers and mechanics on Federal government and District of Columbia construction projects in excess of $2,000.
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