Tag Archives: energy

Labor Impacts of IRS’ Initial Guidance on Prevailing Wage and Apprenticeship Requirements for Energy Projects

Key Takeaways:

  • The IRS issued initial guidance on prevailing wage and apprenticeship requirements for energy projects commencing construction on or after January 29, 2023. See our blog post on the details of and applicable tax credit implications of the guidance here.

What you should know about the labor impacts of the guidance:

  • The prevailing wage requirements are largely derived from the prevailing wage regime established by the federal Davis Bacon Act.…
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