Law360, New York (May 6, 2016, 12:08 PM EDT) -- As public-private partnerships proliferate, a recurring issue is whether prevailing wages, including fringe benefits, must be paid to the labor force engaged in the project. The answer to that question can have a considerable impact on the developer’s budget and potentially endanger the viability of the project; the resultant increase in total construction costs has been officially estimated at 23 percent, but most developers ascribe a significantly higher percentage to prevailing wages.
While developers would prefer the certainty of bright-line rules in this area, the courts have taken a case-by-case approach, focusing on the nature of the contractual relationships defining the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!