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What is certified payroll ?. Certified payroll is a process of recording wages and benefits paid to an employee working on a government-funded job. Why are we required to use certified payroll reports ?. Compliance with. Davis / Bacon Act 1931 Project Wage Decision.
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Certified payroll is a process of recording wages and benefits paid to an employee working on a government-funded job.
Why are we required to use certified payroll reports ? Compliance with Davis / Bacon Act 1931 Project Wage Decision
THE WILLFUL FASIFICATION OF ANY OF THE ABOVE STATEMENTS MAY SUBJECT THE CONTRACTOR OR SUB CONTRACTOR TO CIVIL OR CRIMINAL PROSECUTION
Consequences of incomplete or incorrect reports Prime Contractor Payment Delay Sub Contractor Payment Delay If habitial , possible loss of contract Continued violations can lead to disbarment , meaning , that you cannot bid or perform work on prevailing wage projects for up to 3 years.
What if I make a mistake on a certified report? Question : I paid my employees their normal “ non-prevailing wage rate ”. What do I need to do? Answer: You need to make wage restitution AND issue corrected certified payroll reports within 30 days from the date that the General Contactor was notified. These must be accompanied by a completed restitution form for each affected employee.
6080 Surety Drive STE 105 Office 843-2011 , Email mrgoftexas @mrgoftexas.com Please contact Ruby Rodriquez for a FREE one on one certified payroll report training session.