The City of Fayetteville’s Purchasing Divison has partnered with the N.C. Department of Labor to host a public meeting designed for contractors and subcontractors to learn about the Davis-Bacon and Related Acts, as well as laws and regulations surrounding compliance with federal prevailing wage requirements.
The free public meeting is scheduled to take place on March 25 from 5:30p.m. – 7:30 p.m. at the Fayetteville Transit Center at 505 Franklin Street in downtown Fayetteville.
According to the U.S. Department of Labor, the Davis-Bacon and Related Acts require contractors and subcontractors working on federally funded or assisted construction projects over $2,000 to pay workers no less than the locally prevailing wages and fringe benefits for similar work in the area.
“Understanding the Davis-Bacon and Related Acts is important for contractors looking to succeed in federally funded projects,” Purchasing Manager Kimberly Toon said in a press release. “This meeting is an opportunity to get the right information and for attendees to ask related questions.”
This session will educate contractors on prevailing wage requirements to avoid penalties and legal issues, certified payroll reporting and other documentation requirements, updated laws and regulations and guide local small and minority-owned businesses on how to qualify for federally funded projects.
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