Software Helps Contractors Rebuild Schools After Hurricane Sandy
DULUTH, Minn. — Hurricane Sandy damaged sixty-five schools in New York City alone, along with dozens more across the affected region. Catastrophe risk modeling firm EQECAT said total damage from the storm could be up to $50 billion, second only to Hurricane Katrina. But the millions of dollars of government money that will flow to contractors for rebuilding schools come with strings attached. The Davis-Bacon act requires contractors receiving government money to fill out forms proving they paid prevailing wages.
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