Davis-Bacon Act is a federal law that requires contractors and subcontractors working on federally funded construction projects to pay their workers prevailing wages. These wages are determined by the Department of Labor based on the local area where the project is located. The purpose of the Davis-Bacon Act is to ensure that workers on public works projects are paid fair wages that are in line with what other workers in the area are being paid for similar work. This helps to prevent contractors from undercutting wages in order to win bids and also helps to maintain a level playing field for all contractors bidding on government projects.In the context of construction, the Davis-Bacon Act has a significant impact on labor costs and project budgets. Contractors must factor in the prevailing wage rates when bidding on