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“Prevailing Wage” refers to the wage and benefit rates that apply to construction and building service work performed on New York City government-funded work sites and building service work on properties receiving certain tax benefits from New York State. In addition, under City law, prevailing wage applies to certain additional occupations, such as temporary services and food service work contracted by city agencies. The Office of the New York City Comptroller (OTC), through its Bureau of Labor Law, is mandated by State law to set the prevailing wage and benefit rates for each covered trade and occupation on an annual basis. OTC investigates violations of prevailing wage laws, which may include the failure to pay prevailing wages and benefits, misclassification, and falsification of payroll records. Most cases result in settlements whereby violating employers pay restitution to workers and civil penalties to the city. In egregious cases, OTC can debar violating employers from receiving public contracts for up to five years. The following chart lists all settlements for prevailing wage violations reached under the current administration of Comptroller Brad Lander, from 2022 to the present.