SalientVision Inc. ,a construction company,receives more than $2,000 in federal money.The company pays its employees at rates at least equal to the prevailing wages in the area.The calculation of prevailing rates by the company is based on 30% of the local labor force.In this case,which of the following laws does the company comply with?

Question

Quizplus · Accepted Answer

The Davis-Bacon Act of 1931 requires that contractors and subcontractors who receive federal money pay their employees at rates at least equal to the prevailing wages in the area. The Walsh-Healy Public Contracts Act of 1936 similarly requires that contractors who receive federal money pay their employees at rates at least equal to the prevailing wages in the area. Therefore, the SalientVision construction company complies with both of these acts.