Just one more complicating rule for broadband stimulus funds
June 11, 2009
It's just one of a host of details applicants will have to consider, but the American Recovery and Reinvestment Act requires that all contracts comply with the Davis-Bacon Act, which stipulates that all wages comply with prevailing wage law for public projects.
As a practical matter, that means matching funds will have to account for the higher wage rates ARRA projects will require. In other words, a higher match than many might have been planning for...
It's just one of a host of details applicants will have to consider, but the American Recovery and Reinvestment Act requires that all contracts comply with the Davis-Bacon Act, which stipulates that all wages comply with prevailing wage law for public projects.
As a practical matter, that means matching funds will have to account for the higher wage rates ARRA projects will require. In other words, a higher match than many might have been planning for...
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