The U.S. Department of Labor (DOL) recently announced a massive final rule . The expected effective date is October 23, 2023.
Â鶹ÊÓƵof 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, Â鶹ÊÓƵhas 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 Â鶹ÊÓƵmembers. Â鶹ÊÓƵexperts will also provide an analysis of the rule. The briefing is free but advanced is required.
Â鶹ÊÓƵhas 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.