H.R. 8602: Davis-Bacon Repeal Act

The bill, known as the Davis-Bacon Repeal Act, proposes to eliminate the wage requirements set forth in the Davis-Bacon Act. Here’s a breakdown of what the bill entails:

1. Short Title

The bill is officially titled the "Davis-Bacon Repeal Act."

2. Repeal of Wage Requirements

With the passage of this bill:

• The wage requirements specified in subchapter IV of chapter 31 of title 40 of the United States Code will be entirely repealed.
• Any references to these wage requirements in existing laws will be considered null and void.

3. Effective Date and Limitations

The changes made by this bill will take effect:

• 30 days after the bill is enacted.
• However, it will not affect any contracts that:
• Are already in existence 30 days after the enactment date.
• Are made based on bids that are outstanding on that same date.

Summary of the Davis-Bacon Act

To provide context, the Davis-Bacon Act currently requires the payment of prevailing wages to laborers and mechanics employed on public works projects. By repealing this law, the bill aims to remove federal mandates regarding wage standards for those working on federally funded construction contracts.

Relevant Companies

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