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On Tuesday, January 10, 2023, Denver Mayor Michael Hancock signed Bill 22-1614 after it passed the Denver City Council the previous day by unanimous vote. With the Bill’s passage comes increased penalties and new requirements related to wage theft, specifically including joint liability for general contractors, effective upon publication.
Over the past few months, an increasing number of owners have decided to halt, cancel or postpone their construction projects. Concerns about health and safety, decreased demand and changed financial circumstances have all prompted owners to sit down and reassess their portfolios. Financial instability of contractors as a result of the prolonged COVID-19 pandemic may also result in conditions that could justify termination for cause.
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