TL;DR
Prevailing wage is the government-set minimum hourly rate, including fringe benefits, that contractors must pay each trade classification on public construction projects. The federal Davis-Bacon Act applies it to federally funded work, and roughly half the states run their own versions; rates are published by county and craft.
What it means
Prevailing wage is the government-set minimum hourly rate, including fringe benefits, that contractors must pay each trade classification on public construction projects. The federal Davis-Bacon Act applies it to federally funded work, and roughly half the states run their own versions; rates are published by county and craft. Contractors must submit certified payroll records, and violations bring back-pay liability and debarment, so the requirement materially shapes public bids.
Where it sits in the glossary
Prevailing wage is part of the Legal group inside the ProFix Directory glossary. Browse every term in this category from the glossary index.
Why Ohio homeowners should know it
This is a term Ohio homeowners encounter when reading contractor quotes, hiring paperwork, or inspection reports. Understanding it well enough to ask one good follow-up question is usually all the protection a homeowner needs.
ProFix Directory keeps definitions short on the index page and saves the longer context — Ohio-specific rules, where the term comes from, and which ProFix tools touch it — for these per-term pages so the term is easy to cite and easy to share.
ProFix tools that touch this term
See also
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