Streamline Davis Bacon Certified Payroll Reporting
Process payroll and generate certified payroll reports for all your projects.
How it works?
Apply fringe benefits rules for prevailing wage construction projects.
Define Project Parameters
Select the state, create shift types, and set pay rates for prevailing wage projects.
Automate Certified Payroll with AI
Lumber's advanced engine calculates wages, overtime, benefits, and more, ensuring accuracy and speed.
Customize Fringe Benefits
Configure fringe benefit rules and choose payment options.
Automate Report Generation
Generate certified payroll reports for federal and state projects.
Benefits of using Lumber for Certified Payroll Projects
Enhanced Accuracy
Ensure precise calculations of prevailing wages, overtime, fringe benefits and more.
Streamlined Workflow
Automate the entire certified payroll process, saving time and effort for your team.
Timely Submissions
Generate certified payroll reports instantly, meeting strict submission deadlines.
Improved Compliance
Adhere to Davis-Bacon Act regulations and avoid costly penalties.
Data-Driven Insights
Access detailed reports to analyze labor costs, productivity, and project performance.
Centralized Management
Manage all certified payroll data and processes in one platform.
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Frequently Asked Questions
Everything you need to know about Davis-Bacon Certified Payroll
What is the Davis-Bacon Act?
The Davis-Bacon Act is a federal law that mandates that contractors and subcontractors working on federal construction projects pay prevailing wages to their employees. Prevailing wages are the minimum wages and fringe benefits that must be paid to workers in a specific geographic area for a particular type of work.
What are prevailing wage rates?
Prevailing wage rates are the minimum wages and fringe benefits that must be paid to workers on federal construction projects. These rates are determined by the Department of Labor and vary based on the location of the project, the type of work being performed, and other factors.
What is certified payroll?
Certified payroll is a specialized weekly payroll report required for contractors and subcontractors working on federally-funded projects. This report verifies that these employers are paying their employees the prevailing wage, which is the minimum wage for a specific occupation in a particular geographic area.
What is Davis-Bacon Certified Payroll?
Davis-Bacon Certified Payroll is a document that verifies that contractors and subcontractors have paid their employees the required prevailing wages and fringe benefits on a federal construction project. This document must be submitted to the contracting officer along with the final payment application for the project.
What is a 401(k)?
A 401(k) is a retirement savings plan sponsored by an employer. It allows employees to contribute a portion of their pre-tax income to an investment account. The employer may also match a portion of the employee's contributions. 401(k) plans can be used to save for retirement or other financial goals.
What is Form WH-347?
Form WH-347 is the standard form used for certified payroll reporting in the United States. It is required for all federal construction projects subject to the Davis-Bacon Act. The form collects information about the wages and fringe benefits paid to employees on the project, including:
- Employee information: Name, Social Security number, and address.
- Job classification: The employee's job title and classification.
- Hours worked: The number of hours worked by the employee.
- Wage rates: The hourly wage rate paid to the employee, including any overtime pay.
- Fringe benefits: A list of all fringe benefits provided to the employee, along with their value.
The completed form must be submitted to the contracting officer along with the final payment application for the project.
What are fringe benefits?
Fringe benefits are additional perks or benefits that employers offer to their employees on top of their base salary. These benefits can include:
- Health insurance: Medical, dental, and vision insurance
- Retirement plans: 401(k)s, IRAs, or pension plans
- Paid time off: Vacation, sick leave, and personal time
- Life insurance: Term life insurance or whole life insurance
- Disability insurance: Short-term and long-term disability insurance
- Education assistance: Tuition reimbursement or student loan assistance
- Employee assistance programs (EAPs): Counseling and support services
- Childcare assistance: Childcare subsidies or on-site childcare
- Transportation benefits: Commuting reimbursement or public transportation passes
- Discounts: Discounts on products or services
The specific fringe benefits offered by an employer can vary depending on the company's size, industry, and budget.
What documents should I maintain for certified payroll projects?
To ensure compliance with the Davis-Bacon Act and related regulations, it's crucial to maintain accurate and complete records. Here are some key documents that you should keep on file for certified payroll projects:
- Certified Payroll Reports: Form WH-347 and supporting documentation.
- Employee Records: Information, classification, hours worked, wage rates.
- Fringe Benefit Records: Descriptions, calculations, payment records.
- Project Information: Contract details, location, prevailing wage determination.
- Payroll Records: Register, timecards, paychecks.
- Compliance Documentation: Statement of compliance and evidence of compliance efforts.
By maintaining these documents, you can demonstrate compliance with certified payroll requirements and avoid potential penalties. It's essential to consult the Department of Labor's guidelines for specific requirements and to consult with a legal professional for any questions or concerns.
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