12-4-403. Establishment and payment of prevailing wage.
(a) It is hereby declared to be the policy of this state that the prevailing wage rate be determined by defined standards and that such rate be paid workers on all state construction projects.
(b) Any contractor entering into a state contract for the performance of work on state construction projects shall pay not less than the prevailing wage rate for all types and classifications of such work as determined by the provisions of this part.
[Acts 1975, ch. 368, § 1; T.C.A., § 12-437.]