Does the new law affect the existing timeline for calculating the annual prevailing wage rate?

No.  The timeline under the new law remains the same.  

For example, contractor hours for the calendar year must be reported by no later than January 31 of the following year.  The Department will make an initial determination of prevailing wage rates by March 10 of each year and the final wage order will be issued no later than July 1 of each year. 

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