What is certified payroll ?

Post on 23-Mar-2016

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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. - PowerPoint PPT Presentation

Transcript of What is certified payroll ?

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 ?

Davis / Bacon Act 1931

Project Wage Decision

Compliance with

Common issues with certified payroll reports

Wage Decision

Employee Classifications

Overtime

Day and Dates

Project Information

NO Work Performed

Actual Reports

Certified Payroll

Statement of Compliance

Step By Step Process

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.

Please contact Ruby Rodriquez for a FREE one on one certified payroll

report training session.

6080 Surety Drive STE 105Office 843-2011 , Email mrgoftexas @mrgoftexas.com