Hello everyone! I am new here, and just happened to stumble upon this forum....I have a question about prevailing wage.
It is my understanding that the State Prev. Wage Rate Superceedes
the Federal Davis Bacon Rate
I have also heard that it DEPENDS on the FUNDING source....what exactly does this mean. Sorry if I appear to be dumb about this, but I didnt realize that it depended on the funding source.....so I just need someone to elaborate a bit more on this....I previously paid State Prev. Wage. for a Federal Prev. Wage Job, and never once considered this "Funding Source" bit.
so if u can help, that would be greatly appreciated!