Resolution - Finance: Consider a resolution authorizing the City to adopt the prevailing wage rate as determined by the United States Department of Labor.
Item Summary
The prevailing wage rate survey conducted by the Purchasing and Contract Management Department in 2018 is due to expire. Staff recommends discontinuing the use of prevailing wage rate surveys, and initiating the use of the prevailing wage rate, as determined by the United States Department of Labor, in accordance with the Davis-Bacon Act (40 U.S.C. Section 276a et seq.) and its subsequent amendments, for public works construction projects.
Other entities in the area utilizing the Davis-Bacon Act for public works construction projects include Texas Tech University, Lubbock County, and the Lubbock Independent School District.
Fiscal Impact
Fiscal impact caused by this change is dependent upon the type and scope of the project being bid.