StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

New York Wicks Law - Essay Example

Cite this document
Summary
The present essay "New York Wicks Law" describes the origin and concept of the law, that help to prevent corruption in the public construction projects and thereby save money paid as taxes by the general public from being wasted and used in a better manner. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.4% of users find it useful
New York Wicks Law
Read Text Preview

Extract of sample "New York Wicks Law"

New York Wicks Law Introduction: The Wicks Law of New York goes back to 1912 and is the common for Section 101 of the General MunicipalLaw. Wicks law makes it a requirement for public construction projects within the State of New York, to make separate specifications for construction requirements and award separate prime construction contracts for electrical, plumbing, and HVAC (heating, ventilation and air conditioning), should the entire cost of the construction project amount to more than $50.000. Controversy over the utility of this law has been raging for some time now.

Underlying Rationale of Wicks Law: The underlying rationale of Wicks Law was to prevent corruption in the public construction projects and thereby save money paid as taxes by the general public from being wasted and used in a better manner. Analysis of the Utility of Wicks Law: The rationale behind most of the laws is noble, but the practical utility of the laws are felt only with the passage of time and this is true with Wicks Law. Wicks Law does act as detriment to corruption, but tends to bring about delays in construction works and causes increased cost burdens and as such has a negative impact on saving of the tax payer’s and is in all probability an extra drain on public funds.

These are the views of many a critic of the Wicks Law even though the electrical, pluming and HVAC sub-contractors and the supporters of Wicks Law claim otherwise. Studies have shown that the impact of Wicks Law has been to increase the cost of construction by an average of ten percent. Along with this come delays and hassles for coordinating the sub contracting work and all in all Wicks Law acts as a deterrent for school construction work besides the cost over runs. Again, estimates are that ten percent of the $3.

7 billion spent on public school construction was on account of the cost over runs due to Wicks Law and this wasted money could have been utilized for education programs. That there is truth in these assertions can be seen from the fact that the authorities from time to time have considered ways of doing away with Wicks Law and have provided exemptions to it. Opposition especially from the sub-contractors have made the authorities shy away from the abolition of Wicks Law and look for ways and means to amend the Law such that there is a reduction of its impact on construction.

The sub contractors themselves are quietly accepting that Wicks Law is out dated and preparing themselves for the changes that can be expected in the near future, with even the possibility of the abolition of Wicks Law. (Phillips, Mathew. “Wicks Law at last may be ripe for repeal this year”). Reforms: The abolition of Wicks Law in no way suggests that the rationale was wrong and it only needs to be changed in tune with the changing times. That there should be a separation of the sub-contracting work still remains a requirement, but it should not be mandated, that separate contracts be awarded for the work.

What needs to be mandated is that clear expenditure account is maintained, so that the expenses under these heads are clear and in case of sub-contracting is utilized clear details as to who were the subcontractors and the work done, as well as the amount of payments that each sub contractor has received has to maintained. These records must be available for scrutiny of the authorities as well as any well-meaning citizen. This would lead to transparency in the construction work and do away with the corruption, the rationale of Wicks Law and yet be more cost effective and easier to coordinate, which is the problem with Wicks Law.

Works Cited Phillips, Mathew. “Wicks Law at last may be ripe for repeal this year”. The Business Review. 2003. 14 Nov. 2005. .

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“New York Wicks Law Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
New York Wicks Law Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/law/1535340-new-york-wicks-law
(New York Wicks Law Essay Example | Topics and Well Written Essays - 500 Words)
New York Wicks Law Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/law/1535340-new-york-wicks-law.
“New York Wicks Law Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/law/1535340-new-york-wicks-law.
  • Cited: 0 times

CHECK THESE SAMPLES OF New York Wicks Law

DNA Evidence

This essay analyzes the DNA Evidence, which is a method used by forensic scientists in order to determine the DNA profile of an individual.... DNA is most commonly used in proofing the parenthood or crime investigation.... It is one of the common convincing ways of individual characteristic evidence....
3 Pages (750 words) Research Paper

Book Report on Roy Black Black's Law (NewY ork Touchtone, 1999)

In his book "Black's law" Roy provides an in-depth view into four of his cases that range from the defence of a police officer who was charged with murder to appellate work on capital punishment. … The book takes the reader into a world where Roy Black turns his clients from murderers into human beings whose violent acts somehow make sense once Roy puts forward his opinion on their upbringing and context of their killings.... The Alvarez case is the best one in Black's law, not every story turns out to be a cliff-hanger, but for the most part the book proves a compelling read and probably just as compelling as he is in the courtroom....
3 Pages (750 words) Essay

The Different Kinds of Technology Being Used in Business

Technology has made an impact on individuals of every walk of life.... Technology is mainly utilized by people in order to bring improvements to their surroundings.... Technology is being used to manage… In the contemporary world of business, the most popular topic that we come across these days is of technology, the businesses having superior technology is being flourished faster than other companies, since use of technology diminish cost, amplify This is the reason, majority of companies are ready to spend huge amount of their capital on R&D (research and development)....
10 Pages (2500 words) Research Paper

Criminal and Civil Law

It attempts to advise a house building company about their legal position in a sales… Criminal law deals generally with crimes committed against the public policy e.... State enforces this law and reforms it with time according to the newly experienced circumstances.... The penalties, in case of a breach of a criminal law, include fines, loss of liberty, execution and State supervision.... A person penalized under criminal law for the first time initiates a ‘criminal record' in which all the crimes committed in the future are to be incorporated....
11 Pages (2750 words) Essay

Weekly reading response 8

Social work and Health care in an aging society: education, policy, practice and research, new york: Springer Publishing Co.... However, in the west generally it is done under forced circumstances by law and order (Guerin, 2011).... Today there are different forms of families where children are brought up....
1 Pages (250 words) Essay

Business Law Case Written Work

new york: McGraw-Hill.... There are three incapacity doctrines: the infancy, intoxicated persons, and mentally impaired persons. Misrepresentation occurs when one has made an untrue assertion of Business law Case Written Work Part A Question a.... he law requires that the lease between Ms.... Business law: The ethical, global, and e-commerce environment (12 ed....
2 Pages (500 words) Research Paper

The Difference between the Common Law and the Consumer Legislation Provisions

Limited partnership requires submission of certificate of limited partnership, acquisition of a charter for business operations, and a general partner and a limited partner while a limited liability partnership requires submission of a qualification for limited liability status (City law School 2008, p.... Agreement among owners, issuance of a charter, and submission of legal documents subject to Companies' Act 2006 (Appendix 1) form a limited liability company (City law School 2008, p....
6 Pages (1500 words) Essay

Business Regulations and Practices

Oxford; new york: Oxford University Press, 2011.... Alphen aan den Rijn, The Netherlands: Kluwer law International; Frederick, Md.... Hicks and Goos Cases and Materials on Company law.... new Delhi: Pearson Education, 2009.... Every corporation has the objects clause, which is found in the memorandum of association....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us