Wednesday, 1 April 2020

Prevailing wage expansion included in budget deal

Despite a massive shortfall in revenue and a projected $10 billion reduction in state spending, prevailing wage rules are expected to be expanded in New York’s budget. A bill printed Wednesday, which closely mirrors an earlier proposal by Gov. Andrew Cuomo, requires owners to pay construction workers union-level wages on projects where public funds cover at least 30 percent of construction costs and such costs exceed $5 million. Prevailing wages for construction workers are significantly



source https://therealdeal.com/2020/04/01/prevailing-wage-expansion-included-in-budget-deal/

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