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09/16/2009   Affirmative Action Training Allocation Funds Update
09/01/2009   Prevailing Wage Municipal Threshold Change
08/28/2009   Risks of 3rd Party Payment Servicers

Affirmative Action Training Allocation Funds Update - 09/16/2009

As a result of Governor Corzine's recent approval of Executive Order #151 the Division of Public Contracts and EEO Compliance has updated its guidance on Training Allocation funds.  Although local governments still are not impacted, the Notice is an update to the one that was issued in July.

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Prevailing Wage Municipal Threshold Change - 09/01/2009

The State Department of Labor and Workforce Development has announced that the municipal government threshold for the New Jersey Prevailing Wage Act has increased to $14,187.00 effective July 1st, 2009.  Work such as construction, renovation, demolition, or repairs, awarded by a municipal governing body, is subject to Prevailing Wage if the total cost of the job, including materials, exceeds this amount.  The threshold remains at $2,000.00 for work awarded by all other agencies, including boards of education, counties, local authorities, and other local government agencies.   Laws and regulations about the Prevailing Wage Act can be viewed online.

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Risks of 3rd Party Payment Servicers - 08/28/2009

In light of the recent bankruptcy and apparent theft of public funds by the payroll servicing company Ameripay, the Division has prepared Local Finance Notice 2009-18 that covers the risks and internal controls that all local units should address when dealing with any third party payment organization.  It includes a reminder about rules and a guide issued by the Division several years ago on this issue which should be reviewed by all local units using third party organizations for financial transactions.

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Updated: 09/16/2009