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State budget includes expansion of prevailing wage

Governor Andrew Cuomo (Credit: Office of the Governor)

The Legislature has agreed on a plan to require union-level wages on certain publicly funded projects, Politico first reported. It would require owners and developers to pay construction workers prevailing wages on projects where public funds are covering at least 30 percent of overall construction costs and such costs exceed $5 million.

  • Worth noting: New law will not apply to a portion of affordable housing projects or developments initiated by certain homeowners and not-for-profits.
  • Caveat: The board can also delay the wage requirements if it finds a significant negative economic impact of implementing them, a nod to the current economic uncertainty surrounding the coronavirus outbreak.

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