Government Pays Contractors Three Times Market Rate: Federal contractor construction workers are paid up to three times the market rate, according to a report from the Washington Examiner.
The Davis-Bacon Act of 1931 requires the government to pay federal contractors the "prevailing wage" in the area, and it grants the Department of Labor the authority to determine that prevailing wage. But in practice, the Labor Department is setting federal contractor wages at levels much higher than the market rate:
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