On October 23, 2023, the USDOL announced that the final rule modernizing the Davis-Bacon Act regulations have been officially implemented. The changes provide greater clarity for contractors and improves the department’s ability to administer and enforce the labor standards. See here for more … [Read more...] about Final Rule for Davis-Bacon Act Now In Effect
New Proposed Regulations about Prevailing Wage and Apprenticeship Under the IRA
The US Treasury and the IRS recently released proposed regulations that would provide more clarity on how taxpayers can satisfy prevailing wage and apprenticeship requirements on certain clean energy projects under the Inflation Reduction Act. It also specifically addresses recordkeeping and … [Read more...] about New Proposed Regulations about Prevailing Wage and Apprenticeship Under the IRA
New Davis-Bacon Wage Requirements Effective October 23, 2023
The Department of Labor recently published a new rule regarding the Davis-Bacon Act and its wage requirements for construction workers. This is the first major change in 40 years. The new rule will take effect on October 23, 2023. See here for more information: … [Read more...] about New Davis-Bacon Wage Requirements Effective October 23, 2023
US Treasury Provides Guidance on Wage and Apprenticeship Requirements
The U.S. Treasury recently released detailed guidance on wage and apprenticeship requirements for projects using clean energy tax credits. It provides flexibility for underpayment errors and for projects unable to hire apprentices. See here for more information: … [Read more...] about US Treasury Provides Guidance on Wage and Apprenticeship Requirements
President Biden to Restore Previous Definition of “Prevailing Wage”
The Biden administration intends to restore the definition of “prevailing wage” (previously abandoned four decades ago). The update would change how wages are calculated and would ultimately provide construction workers with more money. Reverting to the previous definition means the prevailing wage … [Read more...] about President Biden to Restore Previous Definition of “Prevailing Wage”
State’s Chief Diversity and Inclusion Officer Steps Down, but Programs Will Continue
The State Department's first Chief Diversity and Inclusion Officer, Amb. Gina Abercrombie-Winstanley, stepped down from her role at the end of June. However, she said that the department’s diversity, equity, inclusion, and accessibility work will outlast any attempts to roll back these programs. … [Read more...] about State’s Chief Diversity and Inclusion Officer Steps Down, but Programs Will Continue