Why are benefits Annualized
An annualized cost creates fairness in allocating expense between public and private work, as an equal expense is created on [...]
How are benefits Annualized?
An example of public money not subsidizing private benefits is with health insurance, a benefit that has a fixed cost. [...]
What is Annualization?
At the federal level and in many states, California included, annualization means public money shall not be used to subsidize [...]
Are there penalties for false certified payroll reports?
Falsification of certified payroll records or the required kickback of wages may subject a contractor or subcontractor to civil or [...]
Do I have to include Fringe benefit payments on my certified payroll reports?
Yes, if you are paying your fringe benefits in cash, then you must show the actual base rate of pay, [...]
Is the certified payroll form WH-347 sufficient for an audit by DOL?
While form WH-347 is legally sufficient for an audit by the DOL, many contractors find it beneficial to use California’s [...]
What information is required for the Certified Payroll Report?
The requirements differ depending upon whether the work being performed is for Federal and/or State prevailing wage.
Do I have to do a certified payroll report even when there’s a break in my project?
Yes, contractors are required to submit weekly, certified payroll reports even when there is a temporary break in work on [...]
How often are certified payroll reports produced?
Contractors are required to prepare their certified payroll report on a weekly-basis, beginning the first week that their company begins [...]
What is a certified payroll report?
In order to insure that contractors working on federal or State funded projects are paying their employees accurately for work [...]