Construction contractors,working on government contracts valued at more than $2,000,must pay their laborers and mechanics what type of local area-based wage according to the Davis-Bacon Act of 1931?
A)minimum wage
B)prevailing wage
C)prevalent wage
D)discretionary wage

Question

Quizplus · Accepted Answer

According to the Davis-Bacon Act of 1931, construction contractors working on government contracts valued at more than $2,000 must pay their laborers and mechanics the prevailing wage for the local area. This means that the wage rate they pay should be based on the wage rates and fringe benefits that are typically paid to workers performing similar work in that area. Therefore, the correct choice is B, prevailing wage.

Construction Contractors,working on Government Contracts Valued at More Than $2,000,must