contracts

Intro 18: Amendment to the Prevailing Wage Law

New York City Council, May 11, 2010

We speak today in support of an important bill that is a necessary stepping stone to a more comprehensive citywide policy on prevailing wage standards. Through the development of the One City One Future platform, which brought together more than 50 diverse organizations, from across the city and across sectors, to envision what equitable growth looks like and how to ensure it, we embraced the principle that underlies Intro 18: The city should use of all of its economic development tools to create living wage jobs, by making wage standards formal conditions for the receipt of public benefits. We must move beyond a deal-by-deal approach and make it formal city policy to ensure that all jobs on all subsidized economic development projects pay at least a living wage or a prevailing wage, whichever is greater.