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Davis-Bacon Act Reinstated

Client Alert | less than 1 min read | 10.31.05

On October 26, the White House announced that, effective November 8, 2005, it would reinstate the Davis-Bacon Act provisions requiring that construction workers be paid the local prevailing wage, suspended on September 8 in the wake of Hurricane Katrina. When reinstated on November 8, the provisions of the Davis-Bacon Act will not be applied retroactively to wages paid during the suspension.

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Client Alert | 7 min read | 11.02.26

DOL Finalizes PBM Fee Disclosure Requirements

On October 29, 2026, the U.S. Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) issued a 350-page final rule requiring providers of pharmacy benefit management services and their affiliated brokers and consultants to disclose fees and compensation received to fiduciaries of covered large, self-insured ERISA group health plans. According to DOL’s accompanying fact sheet, the disclosures will give employers more visibility into the payments PBMs may receive from various sources and help fiduciaries evaluate and monitor arrangements over time. ...