Understanding & Implementing Prevailing Wage Decisions

Understanding & Implementing Prevailing Wage Decisions

Certified Payroll/Prevailing Wage
Prevailing Wage Decisions can sometimes be very difficult to understand and implement, however, it's very important that you learn to read and apply what is found in them. The Wage Decision for a Public Works or Government Construction project provides you with the prevailing wage requirements, including Work Classifications, hourly rates of pay and hourly fringe benefit amounts for every trade classification that could possibly be involved on a project.  Prevailing Wage requirements are found in the Labor Standard Clause of the Contract Provisions section of the bid package and become the backbone of payroll processing requirements for that specific project. One would think that if a project had prevailing wage requirements that the Wage Decision would contain an easy to understand breakdown of the fringe benefit portion of the…
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