The new changes to the Prevailing Wage law went into effect on January 1, 2010. (I wrote about these upcoming changes in the July 2009 Edition of the Municipal Law Alert – a copy of which can be obtained by contacting me at Bakke Norman, S.C., at firstname.lastname@example.org or by clicking here).
To summarize some of the important changes:
- The threshold for public works projects has been lowered from $234,000 to $25,000;
- The law now clearly applies to private developers who build infrastructure that will eventually be turned over to a municipality (this had been a point of contention and some litigation);
- With some exceptions, the law applies to private projects in which the developer, investor or owner receives $1,000,000 or more in direct financial assistance from a local governmental (including TIF funding).
You can find details about the new law and prevailing wages in general at the DWD website: