“The Davis Bacon Act is one of the most complicated statutes to follow.  Companies that want to do business with the federal government must tread very carefully to ensure compliance.” Susan Fahey Desmond

Those who want the privilege of doing business with the Federal Government and offer services on federally funded or assisted construction projects must comply with the Davis Bacon Act.  The DBA requires these companies to pay at least the locally “prevailing wage” to laborer and mechanics employed on the contract.  But how do you determine that “prevailing wage”?  The DOL is increasing its enforcement of the DBA – don’t be caught violating the DBA – you may face having to pay millions of dollars of damages and attorneys’ fees!  We will also cover recently Executive Orders issued by President Obama that impacts how you pay your employees.

Learning Objectives:

• Overview of the Davis Bacon Act
• Contractors and subcontractors covered
• Key Differences between the DBA and state prevailing wage laws
• Calculating the prevailing wage
• Classifications of Work and the Conformance Process for Missing Classifications
• What are bona fide fringe benefits and self funded benefits?
• Recordkeeping
• New pay requirements for federal contractors

Who will Benefit:

All companies performing work for the federal government; human resource professionals; payroll clerks