CO HB1068

Requires the Colorado Department of Transportation to consider only proposals for public-private initiatives using federal funds that include construction labor costs at no less than locally prevailing wages and fringe benefits as set by the U.S. Department of Labor under the Davis-Bacon Act, 40 U.S.C. 3141 et seq.

Applies the prevailing wage requirement to both solicited and unsolicited proposals for public-private initiatives under Colorado Revised Statutes 43-1-1202 (Part 12).

Extends the prevailing wage requirement to proposals considered by the Bridge Enterprise and Transportation Enterprise under Colorado Revised Statutes 43-4-809.5 (Part 8).

Takes effect 90 days after final adjournment of the general assembly (August 9, 2017, if adjournment occurs May 10, 2017), subject to potential referendum petition requiring voter approval in November 2018.

Applies to unsolicited proposals received and proposals solicited on or after the effective date.