New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 80 - NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY
Subchapter 17 - PREVAILING WAGE RATE
Section 5:80-17.1 - Applicability of prevailing wage rate

Universal Citation: NJ Admin Code 5:80-17.1

Current through Register Vol. 56, No. 18, September 16, 2024

(a) Not less than the prevailing wage rate shall be paid in the construction or rehabilitation of housing projects the construction or rehabilitation of which is fully or partially financed by a loan from the Agency by all housing sponsors, or builders, contractors or subcontractors engaged by housing sponsors, except as may be provided under the provisions of 5:80-1.4 or N.J.S.A. 55:14K-5y. The Agency may also require that not less than the prevailing wage rate be paid in connection with the operation, repair or improvement of any housing project or in conjunction with the construction or rehabilitation of any improvement or project financed by a loan from the Agency.

(b) The prevailing wage rate required to be paid pursuant to (a) above shall be determined in accordance with 55:14K-42.

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