
The Davis Bacon Act - Compliance Overview and Payroll Obligations
Overview
Overview:
The Davis-Bacon Act requires that all contractors and subcontractors performing construction, alteration and repair (including painting and decorating) work under federal or District of Columbia contracts in excess of $2,000 pay their laborers and mechanics not less than the prevailing wage and fringe benefits for the geographic location.
Davis-Bacon requirements may be extended to federal financial assistance programs by the terms of other statutes (collectively referred to as Davis-Bacon and Related Acts). This law has been in effect for almost one century. It was also modified in 2023 and 2024 by the DOL and Federal Courts Compliance, however, can be complicated. As a Public Works General Contractor, it is up to you to make sure your company and all subcontractors are in compliance or face severe consequences such as disbarment. You should understand what makes a public works contract. Know where to find prevailing wages in your area. Properly classify the types of workers who are covered, and those that are not.
The main report required to submit to DOL on a weekly basis is the WH-237. It reports the contractor information about employees - their description, wages, fringe benefits and deductions. But knowing how to complete this form is only a start. You must know other detailed information which should be kept in your database and/or files. You also need to know other obligations such as interviews, spotchecks, posters and overtime provisions.
Why you should Attend:
- Do I fully understand the DBA’s rules and regulations, both federally and in the States I operate in? Am I up to date on recent rulings?
- Do I know which contracts are covered by the Act?
- What are the specifics of prevailing wages? To what jobs and employees to they apply?
- Do I know both the payroll related and HR related obligations required by the Act?
- What are the ramifications of non-compliance and how to avoid them?
Join Mark Schwartz in this informative webinar to be up to date on industry standards and compliance.
Areas Covered in the Session:
- DBA Origin and Purpose - The basics of DBA regulations
- Coverage- The Types of Contracts Covered:
- Contract Threshold
- Nature of the Contract
- What is a Public Works Contract
- Prevaling Wage - What are its ingredients and obligations
- Applicability
- Descriptions of Jobs Covered
- Exclusions
- Worksite specifications
- Contractor Obligations
- Interviews and spotchecks
- Wages and recordkeeping generalities
- Posters
- Overtime
- Subcontractor Compliance
- Wage Determination - The 2 main types. Finding and Reading the DOL regulations concerning hourly pay and Fringe Benefits
- Compliance Issues
- Common Errors
- Enforcement and Conseaquences
- The DOL 2023 Final Rule and 2024 Federal Court restriction
- Key Recordkeeping Information- Information about contractors, subcontractors, employees and payroll needed to complete the WH-347 and comply with regulatory authorities
- Certified Payroll - Step by Step Completion of the WH-347
Who Will Benefit:
- Payroll Managers and Specialists
- HR Compliance Officers
- Federal Contract Administrators
- Government Project Managers
- Construction Project Coordinators
- Labor Compliance Analysts
- Finance Directors in Construction & Contracting
- Legal and Risk Compliance Professionals
- General Contractors and Subcontractors
- Certified Payroll Report Preparers
- Union Representatives
- Business Owners Involved in Federally Funded Construction Projects
Good to know
Highlights
- 1 hour 15 minutes
- Online
Refund Policy
Location
Online event