Posts tagged federally funded construction projects

    Opinion: Free Raises for Everybody. Not.

    August 17, 2023 // One obvious result will be higher costs on public works and probably fewer of them since federal dollars won’t go as far. States and localities may have to borrow more and raise taxes to fund projects. Fewer semiconductor fabs and renewable projects will probably be built since private capital won’t go as far. Another result will be less private investment, especially in housing, since contractors will have to increase wages to compete for workers with federally funded projects that must pay the prevailing wage. The rule will also reduce the competitive advantage of right-to-work states by raising the wages their contractors have to pay.

    Biden’s Proposed Davis-Bacon Act Reforms Are More Pork for Special Interests

    March 11, 2022 // “While ABC is still reviewing the 432-page rule, it appears the DOL missed an opportunity for meaningful Davis-Bacon reform. For example, the proposed rule reverts back to 1983 regulations that do not result in actual prevailing rates, as required by statute. Reversing course by 40 years is not modernization. Instead, it is even worse public policy catering to special interests embedded in the Biden administration that benefit from the broken status quo.