Alaska

  • Project Labor Agreements

    No state policy, but PLAs are required regularly on local projects.

  • Prevailing Wage

    Yes; $25,000.

  • Right to Work

    No.

  • Public-Private Partnerships

    No statute expressly prohibits or authorizes use on horizontal or vertical projects.

  • Workforce Development Incentives

    None found that were not federally funded.

  • Career and Technical Education

    81% of CTE high school graduates are placed in colleges or careers.

    Alaska does not recognize NCCER as an approved curriculum for CTE programs.

     

  • 5-Year Average Job Growth Rate (2011-16)

    0.1%.

Monthly Unemployment Rate in Alaska

Industry Overview

Prompt Pay

Private: No law in place.
Public: 30 days after payment request, interest at 10.5% per year starting 3 weeks after payment is due.
Subs: Payment must be made to subs and from subs to lower tiers within 8 business days.

Immigration/E-Verify Mandate

No law in place.

Percentage of State GDP From Nonresidential Construction

4.3%.

Incidence Rate in Construction (2013)

5.3.

Occupational Safety & Health Oversight (State vs. Federal)

State plan covers private workplaces and state and local government workplaces.

Percentage of Union Membership in Private Construction

26.6%.

Marijuana Legalization Status

Legalized for medicinal and personal use. Available in limited retail settings.

Business Facts

Minimum Wage (2016)

9.75

Percentage of Pensions Funded

68%

Effective Real-Estate Tax Rate

1.01%

Corporate Income Tax Rate(s)

0% - 9.4%

Capital Spending % As Share of Total State Spending (2013)

12.0%