Trent Cotney, Adams and Reese Partner and Construction Team Co-Leader, had his article “New Prevailing Wage Rule Will Impact Construction Industry” published in Construction Executive.
Cotney writes, “The U.S. Department of Labor (DOL) made big news on Aug. 8 when it finalized a new wage calculation rule. It benefits construction workers on federally funded projects and is likely the most substantial overhaul to Davis-Bacon Act prevailing wage requirements in decades.”
“There is no doubt that this new prevailing wage rule will have a massive impact on the construction industry. While workers will benefit from higher incomes, contractors could face challenges in complying with the new standards.”
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