IRA Prevailing Wage Compliance in 2026: The Tax Benefit Depends on What Happens During Construction
For developers pursuing clean-energy incentives under the Inflation Reduction Act, prevailing wage compliance can have consequences far beyond payroll. For many qualifying Inflation Reduction Act tax incentives, satisfying federal prevailing wage and registered apprenticeship requirements can increase the base credit or deduction amount by five times. That makes labor compliance a potentially significant financial component […]
GRRP HUD Compliance Requirements in 2026
HUD Updates the Green and Resilient Retrofit Program for 2026: What Owners and Contractors Need to Know HUD has issued a significant new update to the Green and Resilient Retrofit Program (GRRP), giving owners of previously awarded HUD-assisted multifamily properties a revised roadmap for moving their projects forward. On January 26, 2026, HUD issued Notice […]
DOL’s Expanded Megaprojects Program: What Prime Contractors Need to Know
On December 1, 2024, the U.S. Department of Labor (DOL) announced an expanded Megaprojects Program to foster equitable employment opportunities on federally funded construction projects valued at $35 million or more and lasting at least a year. This initiative aims to support diversity in hiring and remove barriers for underrepresented workers, creating a more inclusive […]
HUD’s Green and Resilient Retrofit Program: A $1.4B Milestone in Affordable Housing and Climate Resilience
The U.S. Department of Housing and Urban Development (HUD) recently announced the culmination of its Green and Resilient Retrofit Program (GRRP), delivering over $1.43 billion in funding from the Inflation Reduction Act (IRA). This historic investment, the largest of its kind, spans 42 states, the District of Columbia, and Puerto Rico. Through 12 funding rounds […]
Michigan Prevailing Wage Act Reinstated: Key Updates for Contractors and Subcontractors in 2024
The Michigan Prevailing Wage Act, which has been reinstated as of February 13, 2024, brings significant changes for contractors and subcontractors involved in state-funded construction projects. Originally repealed in 2018, the return of this Act aims to ensure workers receive fair wages and benefits consistent with local industry standards. This article will outline the critical […]
USDOL’s Final Rule Changes to Davis-Bacon and Related Acts (DBRA): What You Need to Know
On August 23, 2023, the U.S. Department of Labor (USDOL) issued a Final Rule that brings the most significant updates to the Davis-Bacon and Related Acts (DBRA) in nearly 40 years. These updates went into effect on October 23, 2023, and mark critical changes in prevailing wage regulations for federally funded construction projects. Below are […]