News & Analysis as of

Subcontractors Energy Projects

Cozen O'Connor

A Cocktail of Labor Policy, Energy Policy & Tax Policy: Prevailing Wage and Apprenticeship Rules

Cozen O'Connor on

The Inflation Reduction Act (the IRA) awards renewable energy tax credits1 for creating (or investing in) property that produces or generates renewable energy and clean energy fuels. Those credits are enhanced if the...more

Sheppard Mullin Richter & Hampton LLP

Claiming Inflation Reduction Act Tax Credits and Deductions on Your 2024 Return? Make Sure You Complied with the Prevailing Wage...

Tax season is here. As a result, many companies may be seeking to claim the increased tax credits and deductions available under the Inflation Reduction Act (the “IRA”)...more

Balch & Bingham LLP

7 Ways That Davis-Bacon Changes Could Cost Contractors

Balch & Bingham LLP on

Significant new changes to the Davis-Bacon Act and Related Acts will play a critical role as federal contractors consider and prepare for construction projects in 2024, affecting labor and administrative costs as well as how...more

Eversheds Sutherland (US) LLP

Key proposed regulations issued regarding prevailing wage and registered apprenticeship requirements

On August 29, 2023, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (Proposed Regulations) on the clean energy prevailing wage and apprenticeship (PWA) requirements...more

Paul Hastings LLP

Treasury Issues Long-Awaited Wage and Apprenticeship Regulations for Energy Tax Credits

Paul Hastings LLP on

The Inflation Reduction Act of 2022 introduced significant changes to the renewable energy tax credit landscape. One of the most notable of these changes, in addition to the broader goals of combating climate change and...more

Procopio, Cory, Hargreaves & Savitch LLP

Seeking Increased Renewable and Clean Energy Federal Tax Credits? You Must Act Soon

Those seeking to obtain increased federal tax credits for their renewable and/or clean energy projects under the Inflation Reduction Act (“Act”) have until late January 2023 to take the steps necessary for compliance. The Act...more

Verrill

New Rules for Apprentices on Energy Projects Come with Uncertainty for Contractors and Developers

Verrill on

On January 1, 2021, a new law went into effect setting benchmarks for use of apprentices on energy generation facility construction projects. Enacted in 2019, the law was part of “An Act to Establish a Green New Deal for...more

American Conference Institute (ACI)

[Event] Shutdowns Turnarounds Superconference - December 7th - 8th, Alberta, Canada

Canada’s leading event for the turnaround community is returning to Calgary! Focusing on the most pressing issues affecting the industry The Canadian Institute’s 20th Annual Shutdowns Turnarounds Superconference ensures you...more

K&L Gates LLP

Hydraulic Steel Works: A Case Study in Subcontracting for Hydro Projects

K&L Gates LLP on

Originally posted in Hydropower & Dams, Issue One - 2017. Within the hydropower industry there are many ways to contract for hydraulic steel works. A project owner may choose to contract directly by way of one of more...more

Dorsey & Whitney LLP

Construction Subcontractor Settles FCA Allegations for $2.8 Million

Dorsey & Whitney LLP on

A recent settlement illustrates the broad reach of the FCA and the substantial liability that “mere retention” of an overpayment can impose on contractors several steps removed from a government contract. The dispute...more

King & Spalding

TRANSACTIONAL: Construction: ‘Back-to-back’ – the pass-through of construction risk from project agreement through to subcontracts...

King & Spalding on

When passing risk through to various sub-contractors to a PPP or energy infrastructure project, it is important to ensure that the core sub-contracts are drafted on a ‘back-to-back’ basis with the project agreement. This...more

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