New York State has expanded it prevailing wage law to include private projects worth $5 million or more and that have received public subsidies of at least 30% of total construction costs.
Gov. Andrew Cuomo signed the provision as part of the fiscal year 2021 budget on April 3. The definition of public subsidy includes:
· Direct or indirect payments by a public entity to contractors, subcontractors, developers, or owners that do not have to be repaid
· Savings from fees, rents, interest rates, other loan costs or insurance costs that are below market rate
· Savings from tax credits, tax abatements, tax exemptions, tax increment financing and payments in lieu of taxes
· Any other cost savings due to the involvement of a public entity
· Loans that are to be repaid on a contingent basis, and credits against loan repayments or other obligations.
There are exemptions such as tax credits for brownfield remediation and redevelopment. Projects not covered under the new law include owner-occupied single- or two-family dwellings, properties of four dwellings or less, certain not-for-profit projects, construction work performed under select pre-hire collective-bargaining agreements, projects funded by the state’s Urban Development Corporation Act or Downtown Revitalization Initiative, and certain school, historic, and renewable energy projects.
Related Stories
| Jan 8, 2014
United Association, NRDC seek major plumbing code changes
Proposed changes include mandating the insulation of hot water piping in new buildings.
| Jan 2, 2014
EPA move to assert oversight on small bodies of water among top regulatory battles for 2014
The EPA has started the process of declaring that it has the power to regulate streams, brooks, and small ponds.
| Jan 2, 2014
Paseo Verde in Philadelphia is nation’s first LEED Platinum neighborhood development
Paseo Verde, a mixed-use, mixed-income community hosted a ribbon cutting ceremony last month.
| Jan 2, 2014
Green infrastructure prominent in Akron, Ohio's sewer plans
City officials in Akron, Ohio want to prevent stormwater from entering its combined sewer system through the use of green infrastructure.
| Jan 2, 2014
OSHA to hold public meeting on proposed rule to improve tracking of workplace injuries
The Occupational Safety and Health Administration (OSHA) has scheduled a public meeting to allow interested parties to comment on the proposed rule to improve tracking of workplace injuries and illnesses.
| Jan 2, 2014
Measuring whole building energy use among big changes in LEED v4
A new prerequisite in LEED v4 calls for each project to measure whole building energy use, and then share that data with USGBC.
| Jan 1, 2014
San Francisco hosts Net Positive Energy + Water Conference
The Living Building Challenge’s Net Positive Energy + Water Conference will be held Feb. 4-5 in San Francisco.
| Dec 27, 2013
California’s new Title 24 energy code compliance date pushed back to July 1, 2014
Due to the stringency of the provisions in California’s new Title 24 energy codes, their implementation has been postponed until July 1, 2014 to allow jurisdictions and engineers to prepare for them.
| Dec 27, 2013
$1 billion 'city within a city' development approved by Coachella, Calif., city council
The mega development includes 7,800 homes, a retail center, office space, and nearly 350 acres of open space.
| Dec 26, 2013
OSHA may require companywide reporting of injuries and illnesses
The Occupational Safety and Health Administration is considering a change in policy that would require organizations to submit company-wide data on illnesses and injuries.