
NYC Signs Historic $1B Labor Agreements for Major Infrastructure Projects
Key Highlights:
- Historic $1 billion agreements with Building & Construction Trades Council of Greater New York (BCTC).
- Generational projects include $270M Willets Point transformation and $800M infrastructure improvements.
- Largest-ever investment in M/WBEs and first-time incorporation of Community Hiring goals.
- Implementation of design-build delivery, expediting timelines and saving taxpayer dollars.
- $50 billion framework for future citywide capital projects.
Source: Direct
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