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Discussion Starter #1 (Edited)
IL Contractors and those doing projects in IL, you need to read this. Blago has changed the language on prevailing wage laws in Illinois. :evil: It used to be that prevailing wage was required with any public funding on public buildings only. The public buildings requirement has now been waived. What that means is that private buildings, if any part of the project has any bit of government funding, must now be prevailing wage. I'm no attorney but what I am hearing is that just some of the impacts of this include: 1. if a small business wants to do a little build out and gets an sba loan - it must be prevailing wage. 2. If a person does an addition on their house and gets an FHA loan - it becomes a prevailing wage job. And of course - even if the contractor DOESN'T KNOW that the person got just 1 dollar of their financing or a grant from the government, the contractor is responsible for paying prevailing wage even if he didn't bid on that basis.

Here's a link to a press realease put out by ABC on this: http://www.abcni.org Go to the bottom where it says "Prevailing Wage Law" and click on the link in the sentence, "Click here to view the draft language for contracts."

Tim
 
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