New Mexico Administrative Code
Title 11 - LABOR AND WORKERS' COMPENSATION
Chapter 1 - LABOR GENERAL PROVISIONS
Part 3 - PUBLIC WORKS APPRENTICESHIP AND TRAINING ACT POLICY MANUAL
Section 11.1.3.8 - DISBURSEMENT/CREATION OF FUNDS
Current through Register Vol. 35, No. 18, September 24, 2024
The director of the labor relations division, New Mexico department of workforce solutions, shall disburse the public works apprentice and training fund in accordance with NMSA 1978, Section 13-4D-5.
A. The director shall develop an annual budget taking into account the crafts that participated in the same fiscal year beginning July 1 and ending the following year on June 30.
B. The director shall utilize no more than 15% of the funds to be used by the public works unit to administer the Public Works Apprentice and Training Act.
C. The remainder of the funds shall be disbursed by the director to approved apprenticeship and training programs in New Mexico.
EXAMPLE: MULTIPLE PROGRAMS |
|
Funds collected by public works unit: |
|
Hours times contribution (1000 times $.50/hour) |
$500.00 |
Minus 15% administration fee |
-$75.00 |
Funds available |
$425.00 |
Approved apprenticeship programs |
Qualified apprentices |
Associated builders and contractors |
20 |
Northern New Mexico IEC |
80 |
Ironworkers JATC |
20 |
Plumbers and pipefitters JATC |
100 |
Total apprentices |
220 |
Funds available divided by participants ($425.00 divided by 220) |
$1.9318/participant |
Programs |
Participants |
Amount per participant |
Amount to be distributed |
ABC |
20 |
$1.9318 |
$38.64 |
NNMIEC |
80 |
$1.9318 |
$154.54 |
IEC Las Cruces |
20 |
$1.9318 |
$38.64 |
Electricians JATC |
100 |
$1.9318 |
$193.18 |
Total |
$425.00* |
||
*Any remaining amount reverts to the public works apprentice and training fund. |
D. A single apprentice contribution rate will be determined annually by the director. All approved apprenticeship and training programs shall submit to the director by July 30 of each year, the apprenticeship costs data for the program's most recent completed fiscal year and the total number of registered apprentices. The director will take into account all submissions in determining the apprenticeship contribution rate that will be in effect on qualifying public works projects at the beginning of each new calendar year.