For the past several years, government contractors have found themselves in an increasingly challenging financial position. The COVID-19 pandemic has thoroughly shaken business and operations, healthcare costs are on the…
Category: GovCon
It’s Here! The 2022 Health and Welfare Fringe Benefit Rate
Every year, government contractors eagerly await the U.S. Department of Labor’s announcement of the new fringe benefit obligation for health and welfare benefits under the Services Contract Act (SCA). The…
The Advantage of Putting Fringe Benefits Towards a Retirement Plan
In the government contracting space, contracts are won on narrow margins of dollars and cents – and good sense! Utilizing the fringe dollars required by government contracts on employee benefits…
The Service Contract Act, Fringe Benefits, and Compliance
The Service Contract Act (or SCA) looms large among government contractors as one of the most significant regulations that govern the work they do. Keeping abreast of the basics of…
An Intro to Davis-Bacon Act Compliance
Construction contractors are governed by the Davis-Bacon Act (DBA), which puts Davis-Bacon Act compliance at the top of any contractors’ priority list. Whether you’re a seasoned pro or celebrating your…
Health and Welfare Benefits Under the SCA
The Department of Labor’s annual fringe rate for health and welfare benefits has a massive impact on the operations of SCA contractors. The state of the fringe rate greatly influences…