On June 27, 2023, the Department of Labor announced this year’s rate for prevailing health and welfare benefits issued under the Service Contract Act. The 2023 Service Contract Act fringe…
Tag: sca fringe rate
The Service Contract Act 101
The Service Contract Act, or SCA, impacts a wide majority of government contractors working today and forms the basis of contract compliance. For contractors that have just closed their first…
How the 2022 SCA Fringe Rate Could Impact Government Contractors
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…
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 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…
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…