Prevailing Wage Ny
While previously the payment of prevailing wages had been reserved for public construction projects only the new bill expands the prevailing wage requirement to certain private projects for the first time in our states. All contractors and subcontractors are required to pay the current prevailing rates of wages and supplements. New York S Prevailing Wage Law A Cost Benefit Analysis Economic Policy Institute Prevailing Wage The Labor Law requires public work contractors and subcontractors to pay laborers workers or mechanics employed in the performance of a public work contract not less than prevailing rate of wage and supplement fringe benefits in the locality where the work is performed. Prevailing wage ny . So what is prevailing wage and how does it work. Search Article 8 Prevailing Wage Schedules Schedule Type. New York State Labor Law does not require a minimum monetary threshold amount that must be met for application of prevailing wage regulations to public works projects.