For the purposes of this chapter, the following words and phrases
are to be interpreted as follows:
BENEFITS
Shall not include workers' compensation or other legally
mandated insurance; nor shall it include the value of any benefit
for which an employee is eligible, but for which no payment is actually
made by a contractor to the employee or to any other party on the
employee's behalf because the employee either does not actually
utilize or does not elect to receive the benefit for any reason.
BUILDING SERVICE WORK
Work performed in connection with the care or maintenance
of a building or property, and includes but is not limited to work
performed by a security guard such as an armed or unarmed watchperson
or armed or unarmed guard; a front desk worker such as a doorperson,
health facility attendant, or concierge; a janitor, such as a building
cleaner, porter, or housekeeper; a maintenance employee such as a
handyperson; building superintendent; grounds maintenance workers
such as a gardener or groundskeeper; a stationary fireman; elevator
operator and starter; or window cleaner.
COVERED DEVELOPMENT PROJECT
Any project receiving economic development financial assistance
or a tax abatement pursuant to the Long Term Tax Exemption Law, N.J.S.A.
40A:20-1 et seq., or the Five-Year Exemption and Abatement Law, N.J.S.A.
40A:21-1 et seq., from the City or private business entity leasing
any City property.
ECONOMIC DEVELOPMENT FINANCIAL ASSISTANCE
Assistance with an anticipated total value of at least $1,000,000
that is provided in whole or in part by the City to a business organization
for the improvement or development of real property, economic development,
job retention and growth, or other similar purposes. Financial assistance
includes, but is not limited to, cash payments or grants, bond financing,
tax exemptions tax increment financing, filing fee waivers, energy
cost reductions, environmental remediation costs, write-downs in the
market value of building, land, or leases, or the cost of capital
improvements related to real property that, under ordinary circumstances,
the City would not pay for. Where assistance takes the form of loans
or bond financing, the value of the assistance shall be determined
based on the difference between the financing cost to a borrower and
the cost to a similar borrower that does not receive financial assistance
from a City economic development entity.
STANDARD BENEFITS
An hourly supplement furnished by a contractor to an employee
in one of the following ways: 1) in the form of health and other benefits
that cost the employer the entire required hourly supplemental amount;
2) by providing a portion of the required hourly supplement in the
form of health and other benefits and the balance in cash; or 3) by
providing the entire supplement in cash. The required hourly supplemental
rate shall be equal to the monetary value of the benefits provided
by the collective bargaining agreement covering the largest number
of hourly, nonsupervisory employees employed within Hudson County
in the relevant classification, provided the collective bargaining
agreement covers no less than 200 employees in the classification.
If there is no such collective bargaining agreement, "standard benefits"
shall be the hourly rate established for health and welfare benefits
by the Federal Department of Labor for the Guard II classification
in the area wage determination applicable to work performed within
the County of Hudson under Federal Service Contract Act (41 U.S.C.
§ 351 et seq.).
STANDARD COMPENSATION
Shall include i) the standard hourly rate of pay, ii) standard
paid leave and iii) standard benefits.
STANDARD HOURLY RATE OF PAY
The greatest of the following: 1) the greater of 125% of
the state or federal minimum wage; 2) the hourly rate of pay for work
performed within the City of Hoboken under the collective bargaining
agreement covering the largest number of hourly nonsupervisory employees
employed within Hudson County in the relevant classification, provided
the collective bargaining agreement covers no less than 200 employees
in the classification; or 3) the hourly rate paid to workers in the
relevant classification under a preceding qualified contract, whichever
is higher.
STANDARD PAID LEAVE
The greatest amount of paid leave, including paid vacation,
paid holidays, and paid leave not otherwise required under federal,
state or local law, as provided by: 1) the Federal Department of Labor
for the relevant classification in the area wage determination applicable
to work performed within the City of Hoboken under Federal Service
Contract Act (41 U.S.C. § 351 et seq.); or 2) the collective bargaining agreement covering the
largest number of hourly nonsupervisory employees employed within
Hudson County in the relevant classification, provided the collective
bargaining agreement covers no less than 200 employees in the classification.
TAX-ABATED PROJECT
A project that has a total construction cost that is equal
to or exceeds $25,000,000, exclusive of any land acquisition costs,
for which the City has granted a tax abatement pursuant to the Long
Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq., or the Five-Year
Exemption and Abatement Law, N.J.S.A. 40A:21-1 et seq.