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Prevailing Wage Determinations

The minimum wage rates, including fringe benefits, that contractors must pay to workers on federally funded or assisted construction projects, based on the wages paid to similar workers in the local area.

Subchapter IV of chapter 31 of title 40, United States Code

The legal section of U.S. law that contains the Davis-Bacon Act, which requires prevailing wages on federal construction contracts.

Metropolitan Statistical Areas (MSAs)

Geographical regions defined by the U.S. Office of Management and Budget for statistical purposes, typically consisting of a large population nucleus and nearby communities that are economically linked.

Residential classification

A category used in prevailing wage determinations to classify construction projects as primarily residential, which often have different wage rates than commercial or heavy construction projects.

Bureau of Labor Statistics (BLS)

The principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics, responsible for collecting, analyzing, and disseminating essential economic data.

Federal Housing Acts

A general term referring to various U.S. laws designed to support housing programs, such as the National Housing Act, Native American Housing Assistance and Self-Determination Act, United States Housing Act of 1937, and Cranston-Gonzalez National Affordable Housing Act.