The Davis-Bacon Act (DBA) was passed in 1931, and a lot has changed since then. In the 1930’s chocolate chip cookies were just invented and swing music was popular. We wanted to show how far we have come since then and why it is time for a game changer in the realm of prevailing wage determination and reporting.
1931– Davis-Bacon Act passes – this law established the requirement for paying the local prevailing wages on public works projects
1931– The Empire State Building was completed – at 102 stories, it was the world’s tallest building at the time
1939– The Wizard of Oz was released
1942– The slinky is invented
1946– V-2 rocket takes first picture of Earth from outer space
1950– Elvis becomes a popular rock and roll musician
1951– Transcontinental television service starts
1957– Sputnik 1 becomes the first artificial satellite to orbit Earth
1964– The Beatles arrive in the U.S.
1969– Apollo 11 becomes the first manned mission to the Moon
1970– VCR’s become commercially available
1976– Apple Computers is founded
1980– The Walkman becomes common place
1982– Michael Jackson’s Thriller is released
1990– Mobile phones gain popularity
1994– TV show Friends premieres
1997– Titanic movie is released
2004– Facebook is launched
2007– IPhone is released
2017– Fidget spinners become popular
2018– Revolutionary Davis-Bacon compliance service eBacon is launched
When we were developing eBacon we asked ourselves why has so much changed in the world but Davis-Bacon compliance is still stuck in the 1930’s? In the age of drones and self-driving cars, we deserve a better prevailing wage compliance service.
The material presented here is educational in nature and is not intended to be, nor should be relied upon, as legal or financial advice. Please consult with an attorney or financial professional for advice.