The Davis-Bacon Challenge |
|
|
The Davis-Bacon Act and State laws require that prevailing wage rates must be
paid on publicly funded construction projects. The current manual process of data
collection, reporting, submitting certified payroll reports and other required reports is
time consuming, cumbersome, and has burdened contractors for decades.
Subgrantees and Grantees are responsible for assuring that the required Certified
Payroll reports are accurate and complete and readily available to Department of Labor
auditors.
Streamline your weekly reporting process today with NWC's Certified Payroll Reporting
solution! Our integrated software solution offers significant time and cost savings. Benefits include:
- Certified Payroll Reporting creates accurate and compliant Davis-Bacon Reports, “No Work” reports
and associated Compliance Statements with a few simple clicks of a mouse.
- The application imports data from popular payroll solutions, like QuickBooks, ADP and Paychex to
increase the accuracy of your reports.
- Certified Payroll Reporting generates Union and Non-Union reports as well as user-defined Fringe
Benefit Reports.
- Certified Payroll Reporting allows you to choose Federal or State specific reports by job.
- The Software automatically creates weekly reports from weekly and bi-weekly payroll data.
- Certified Payroll Reporting integrates with popular electronic reporting agencies, such as
LCPtracker Labor & Compliance Software, TRS Consultants and Elation Systems eliminating manual
entry and further streamlining the submission process.
- Reports may be printed on standard-size paper, eliminating the need for pre-printed forms.
- With Certified Payroll Reporting you can easily find and reprint previous reports.
|
|
|
The Solution |
|
|
NWC provides an advanced web-based application that replaces the current
labor intensive, manual process of complying with the Davis-Bacon Act and other prevailing wage
reporting requirements. This electronic application does much of the work for the Agency,
Subgrantee and Contractor automatically.
Key Features:
- Because the application is , it allows instant access to information and easy retrieval of
documents. The electronic information is kept in a highly secure location and eliminates
the need to store hard copies of certified payrolls. The application can be accessed from
any computer with an Internet connection. Agencies, Contractors and Subgrantees do not
need to keep separate copies and if there are revisions or corrections, everyone sees the
same version.
- The feature uploads payroll data from the contractor’s
accounting software and automatically prepares the certified payroll reports for them.
The web-app also allows contractors or their subcontractors to input this same data
manually. The application stores hourly rates and fringe benefit data for each employee,
eliminating contractors’ duplicate efforts each week.
- of certified payroll reports for
construction projects is a cumbersome task. Since the application is web-based, certified
payroll storage and retrieval becomes infinitely easier. The application allows Grantees
or Subgrantees to track incoming certified payrolls and send e-mail notifications when
contractors are late and/or non-compliant.
-
maintains the most current prevailing wage database and verifies the proper prevailing
wage rate for each classification. Agencies can thoroughly check each certified payroll
and receive a report of only questionable reports. Contractors avoid heavy fines or back
wages that may be imposed for inaccurate wage rate reporting due to human error.
Additionally, prime contractors can easily and quickly check each subcontractor’s payroll
submission status with a simple click of a mouse.
- The feature allows
contractors to entirely eliminate time spent collecting, calculating, analyzing and
reporting labor compliance data for reports such as Workforce Utilization Reports, Owner
Controlled Insurance Program (OCIP) Reports, Journeyman/Apprentice Ratio Reports, etc.
- The feature allows agencies
to self-audit projects efficiently and easily. This feature allows agencies to take
preventative actions to eliminate recurring violations, minimize DOL audits and minimize
the chances of litigation.
- The XML based
data processing engine works with a variety of contractor payroll systems. This feature
automatically processes certified payroll data from various payroll systems and populates
the information into the Certified Payroll system. A contractor or subgrantee should
only have to enter data into the payroll vendor's system and read their Certified Payroll
Report; no dual data entry.
|
|