May 10th, 2018

The New York State Assembly has recently passed bill A05498A which dramatically changes the states prevailing wage law. If enacted, the law would mandate union wage and benefit rates on private sector projects that are receiving any level of state or local economic development.

In order for the law to be enacted, it must also be passed in the New York State Senate and signed by the Governor.

DirectAdvisors provides prevailing wage fringe benefit consulting and third-party administrative services to the construction industry throughout the United States. We feel strongly that the expansion of the prevailing wage law would continue the trend of making New York State among the most expense construction markets in the country.

To learn more about Bill A05498A, please click here