DOL Proposed Regulations for Federal Contractor $15 Min Wage Implementation
Wednesday, July 21, 2021 As covered in our last blog post on this topic, President Biden issued Executive Order 14026 on April 27, 2021 raising to $15 per hour the minimum wage certain federal contractors must pay workers performing work “on or in connection with” a covered federal contract or subcontract. According to the Executive Order, the Department of Labor (DOL) must finalize implementing regulations by November 24, 2021. The bottom line? The $15 minimum wage applies to the following types of contracts: Procurement contracts for construction covered by the Davis-...