Tag: Prevailing Wage
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What Are Prevailing Wage Laws?
There are a number of things contractors must consider when working on public projects – not the least of which are prevailing wage laws. If a contractor finds themselves in violation of these laws, serious penalties could apply.
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Would Removing Prevailing Wage Laws Lower the Cost of Public Projects?
Before getting too far along, the answer to the title of this post is probably: “not really.” Over the past few years, a few states have repealed their prevailing wage laws on public projects. The expectation was to lower the cost of public projects through a combination of lower wages and an increased number of…
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I’m on a P3 Project – Do I Need to Consider Prevailing Wage Rules?
In short, a P3 project is one in which public and private entities invest together, and both may have some “property rights” or ownership. In this project type, a public entity strikes an agreement with a private entity for some combination of funding, construction, operation, or maintenance on a project. P3 projects are appealing to government officials and…