Oregon has no threshold for the payment of prevailing wage, but major renovations are only considered public works if over $50,000. Further, any project that uses $750,000 of public funds is a public work regardless of the contracting entity. Oregon passed its prevailing wage rate (PWR) law, sometimes referred to as the “Little Davis-Bacon Act,” in 1959. As the nickname implies, the Act is modeled after the federal “Davis-Bacon” prevailing wage laws. Today, Oregon continues to update and refine its PWR law to reflect changes in the industry and to make it more like its federal counterpart.