Many construction companies turn to government contracts to help grow their business. Taking government contracts can be a great way to keep your crews busy, but there are some things you’ll need to know first. For example, to bid on federal jobs you have to register...
Government contractors have to deal with an enhanced level of regulation surrounding every aspect of their business, from bids through how payroll is handled. There are weekly reporting requirements as well, which carry a lot of weight when it comes to staying...
Prevailing wage laws are complicated and often difficult to interpret. Making matters worse, laws change regularly with new laws and regulations coming out yearly. So even if you routinely deal with prevailing wage compliance, you have to work to stay ahead of them....
Contractors that do prevailing wage work spend a lot of time dealing with wage determinations. You can’t figure out what to pay your team without them, but many people only have a basic understanding of how they work. A quick glance at one shows why this is the case –...
Certified payroll comes with more obstacles than regular payroll, and more oversight as well. Making a small mistake can lead to a large problem, including compliance actions that come with financial penalties. That makes getting everything right critical, but it’s...
