Relating to regulating the prevailing rate of wage; and declaring an emergency.

Provides that Commissioner of Bureau of Labor and Industries may apply certain considerations to determine whether to divide public works project into separate contracts. Requires all contracts for public works and all subcontracts related to public works contract to specify that contractor or subcontractor must have filed public works bond with Construction Contractors Board unless contractor or subcontractor is exempt from requirement. Specifies that disadvantaged business enterprise, minority-owned business, woman-owned business, business that service-disabled veteran owns or emerging small business must file public works bond if commissioner finds that enterprise or business violated prevailing rate of wage law or rules commissioner adopts under prevailing wage law. Specifies circumstances in which contractor or subcontractor violates provision against any other person paying all or portion of prevailing rate of wage or fringe benefits. Declares emergency, effective on passage.