The new policy will require local employees be used on local projects. In fact, 30% of all employees on a project must be local residents. It’s a move that proponents will help bring jobs in a sagging economy, but its critics say it will cause businesses to close and in the long run it will hurt more than it helps.
This will be another chapter in the long debate about PLAs, and at $2 billion it will be an expensive one, too.
From the Los Angeles Daily News:
After 11 years of negotiations, the city Board of Public Works on Monday adopted a proposal requiring nearly a third of all workers on upcoming projects to be Los Angeles residents.
Officials said as many as 98 projects, with a value of $2 billion, are on the initial list included in the proposal, which now goes to the City Council for final approval.
While city officials say it will help local workers in the slow economy, critics say the move could cost the city – and taxpayers – more in the long run.
Read the full article here.