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Anyone involved in prevailing wage contracting knows that there is no better example of Government intervention in free markets than the Davis-Bacon and Related Acts.
On April 6, 2010, President Obama recorded a Memorandum in the Federal Register. Directed to the Heads of Executive Departments and Agencies, the stated goal of the Memorandum is to improve transparency while also reducing waste, fraud and abuse in Federal contracting. You can read the Memorandum in its entity by clicking this link: Federal Register, Combating Noncompliance with Recovery Act Reporting Requirements