As stated in the Davis-Bacon and Related Acts (DBRA), applies to all contractors and subcontractors working on federal (or federally-assisted) contracts in excess of $2,000. Contractors on applicable Federal projects are required to pay their laborers and mechanics not less than the local prevailing wage rate (plus fringe benefit) as determined by the Secretary of Labor.
For prime contracts in excess of $100,000, contractors and subcontractors are required, pursuant to the Contract Work Hours and Safety Standards Act, to pay employees one and one-half times their basic rates of pay for all hours over 40 worked on covered contract work in a workweek.
Covered contractors and subcontractors are also required to pay employees weekly and to submit weekly certified payroll records to the contracting agency.