Anderson Economic Group Study finds Increase in Cost of Education Construction in Illinois due to Prevailing Wage Laws
Posted @ Tuesday, January 24, 2017 12:57 PM by anonymous |
Files in Davis-Bacon Act,Public-DB: Studies
A report by
Anderson Economic Group, LLC found that an estimated $2.9 billion in education construction expenditures are subject to Illinois prevailing wage law and in the absence of the state's prevailing wage law, Illinois could have saved $158 million on average each of the past ten years. With an additional cost of $158 million per year due to prevailing wage laws, Illinois could have saved $1.6 billion dollars on school construction from 2002 to 2012.
Read the Report:
Illinois' Prevailing Wage Law and the Cost of Education Construction