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Corrections Corporation of America Message Board

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  • r7ualj r7ualj May 4, 1999 3:16 PM Flag

    Bad News!!!

    Its not a matter of union or non-union labor, but
    rather how the project is financed. If the construction
    is financed with federal funds, the Davis-Bacon law
    comes into effect and the workers must be paid the
    �prevailing wage.� Most states have a �little� Davis-Bacon
    law with the same requirement for state funded
    projects. Any decrease in construction costs would be
    mostly attributable to a private vendor�s ability to
    construct the facility faster -- thereby incurring less
    interests on the $ used to finance the project. There are,
    however, costs that are not considered in the
    public/private comparisons. For instance, the depreciation
    expense write-off that the private sector gets. In other
    words, taxpayers all over the country subsidize the
    private construction.

 
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