What is Prevailing Wage?
Prevailing wage is the hourly rate, plus benefits, required by law to be paid for each trade or occupation while performing work on state-funded construction projects.
These projects can be highways, roads, wastewater treatment plants, public housing projects, public utilities, schools, parks and recreation improvements, or any other construction project funded in part or whole by state funds.
Minnesota’s prevailing wage law (Minnesota Statutes 177.41 through 177.44) requires employees working on state-funded construction projects or other projects covered by law be paid wage rates comparable to wages paid for similar work in the area where the project is located.
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