The newly passed Inflation Reduction Act includes
substantial tax breaks for the owners of renewable energy projects if they are
constructed and operated as required by the
IRA.
From the contractor
and subcontractors’ points of view, this means complying with a set of
prevailing wage requirements similar - but not identical to - Davis Bacon requirements.
It also means either complying with or being able to prove good faith
efforts to comply with substantial
apprenticeship requirements. In addition, Davis Bacon rulemaking is under way that will substantially alter the
landscape of federal contracting.
Any contractor bidding on or
working on an IRA eligible project needs to both be aware of these requirements
and have a compliance plan in place before they start work.
There will be a live webinar
including both a substantive presentation and a Q & A session hosted by
34-year labor attorney Andy Martone, who will go over both sets of requirements
of the IRA and the proposed changes to Davis Bacon in detail and provide an
outline for an IRA compliance plan.
This CLE is approved for credit
through April 16, 2025.
Presenter:
Andrew Martone | President
and CEO | Hesse
Martone
CLE Credits:
1.0 Standard CLE Credit approved | Event
Code: 483778
Cost:
MSBA Members: $29.95
Non-MSBA
Members: $64.95