In today’s Westchester Business Journal, Colleen Wilson highlights the renewed sense of optimism for Scaffold Law reform after the fall of Speaker Sheldon Silver.
For the last two years, as construction industry representatives and business groups have tried to ramp up the fight in Albany, the law’s defenders have kept the issue off the docket.
Reformers, however, maintain that this issue will not go away and will continue to be a costly burden for New York business.
“We’re going to continue to talk about the Scaffold Law and the real pain that it is to businesses in New York,” said John Ravitz, executive vice president and chief operating officer of The Business Council of Westchester.
A 2013 study frequently cited by groups in favor of reforming the law and conducted by the Rockefeller Institute of Government found that the Scaffold Law costs taxpayers about $785 million a year.
The burden on taxpayers has to do with the insurance premiums on public works projects. The cost of insurance for construction jobs is outrageously high, Scaffold Law reformers say, because there are not many companies in the market that want to insure construction jobs.