prevailing wages

California's prevailing wage laws and certified payroll reporting requirements can be mandated by any of the following agencies or organizations, each with their own unique set of reporting requirements. The California Department of Industrial Relations (DIR) and the filing of Form A-1-131, Department of Transportation (CALTRANS) and the filing of a modified WH-347 form, the U.S. Department of Labor and the filing of a standard WH-347 Form, Electronic filing requirements through the use of LCPtracker, TRS Consultants, and/or Elation Systems, Inc. D-BAS Labor Compliance Software, Additional "paper filing requirements" by Labor Compliance Organizations, such as, Golden State Labor Compliance, LLC or CalLCP.
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In recent months, I have repeatedly seen posts from QuickBooks users on the Intuit Community Forums asking how the fringe benefit rate is calculated and then displayed on the Certified Payroll Report in Excel, which is now a standard function of QuickBooks Premier and Enterprise when used in conjunction with Enhanced Payroll, and I really haven’t seen any good responses.
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Bacon, a former banker, explained the need for the law when he detailed for his legislative colleagues how an out-of-state construction firm paying extremely low wages transported thousands of unskilled workers hundreds of miles to toil on a public project in New York - “They were herded onto this job, they were housed in shacks, they were paid a very low wage, and ...
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We were just awarded a contract with the Department of Defense and have to pay our employees "prevailing wage" and submit certified payroll reports. I called Intuit Support to ask them about prevailing wage, certified payroll, and how to track the fringe benefits; they weren't very helpful - they just told me that QuickBooks can produce the certified payroll report.......can you help me understand all this?
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The consequences of some payroll mistakes are more serious than just incorrect paychecks. Below are 5 Common Payroll Mistakes that can occur all year long.
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Gerry has overhead costs, employees, specialized equipment, company vehicles, materials, subcontractors, retainage, percentage of completion billing, and more that he needs to take into consideration when estimating. He works mostly on prevailing wage jobs, where he has to pay his employees a much higher rate of pay plus fringe benefits with a few private jobs - he isn't a union shop; so he is paying the prevailing wage fringe benefits in cash to his employees. Billing requirements for his jobs include Time & Materials and Percentage of Completion, where he needs to submit AIA billing forms and track retainage that he is owed and retainage he owes his subcontractors.
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Sam Subcontractor already uses QuickBooks, he has more complex job costing needs due to certified payroll reporting requirements, payments of prevailing wage fringe benefits and AIA billing.  High overhead costs,  specialized equipment, materials, labor charges are other things… Continue reading

The Davis-Bacon Act of 1931 established into law the requirement for paying "prevailing wages"; a specific rate of pay plus fringe benefits for each trade/work classification that has been set by the Department of Labor - Wage and Hour Division, on federal or federally-assisted construction projects exceeding a value of $2,000.00. Construction includes the alteration and/or repair, including painting, decorating, plumbing, electrical, etc., of public buildings or public works - including roads and bridges.
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The economic-stimulus package requires that workers on projects funded by the package receive "prevailing wages." Prevailing wages are similar to union wages and are typically higher than average wages in a county. The provision concerns some contractors who say it will drive up the cost of stimulus projects. However, labor groups support the prevailing wage provision and say higher wages will help the economy. Prevailing wage provisions require the submission of certified payroll reports.
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