The U.S. Department of Labor (DOL) recently announced a massive final rule . The expected effective date is October 23, 2023.
Íæż½ã½ã of America was successful in paring down some of the more controversial proposals in the 700-plus page rule. Nevertheless, the association’s preliminary analysis shows that more work will be covered under Davis Bacon than previously covered and that DOL missed a critical opportunity to improve the wage determination process.
To help members prepare for the changes, Íæż½ã½ã has partnered with DOL officials to provide a special virtual briefing about the impact of the regulatory changes on September 6, 2023, at 2:00 p.m. EDT. During the briefing, Jessica Looman, Principal Deputy Administrator of the DOL’s Wage and Hour Division, will provide an overview of the rule and answer questions from Íæż½ã½ã members. Íæż½ã½ã experts will also provide an analysis of the rule. The briefing is free but advanced is required.
Íæż½ã½ã has also released the following resources to assist members:
- A one-page document providing the topline takeaways of the final rule here; and
- A seven-page document summarizing in more detail key provisions of the final rule here.
For more information, contact Claiborne Guy at claiborne.guy@agc.org or 703-837-5382.