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Our
bona-fide benefit plans can help you win State Prevailing Wage
Projects |
Call us to find out
more...
(800) 800-5206 |
PREVAILING WAGE FRINGE BENEFIT PLANS
CONTRACTORS
AND EMPLOYEES
RETIREMENT PLAN
AND TRUST
HOURLY HEALTH AND
WELFARE PROGRAM |
Home |
Prevailing Wage Explanation
| Prevailing Wage Retirement Plan
How The Prevailing
Wage Plan Works | Retirement
Plans
Davis Bacon Act
| Payroll Savings |
Service Contract Act
Health Insurance
| Compliance | Resources/Links
Information Request Form
WIN MORE STATE
PREVAILING WAGE PROJECTS
The Problem...
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When a contractor performs work on a state prevailing wage project,
they must pay employees predetermined wages and fringe benefits.
If they do not provide benefits, they must pay the benefits as
additional cash wages. Paying all cash wages costs you the most
money. |
Why?
All wages are subject to the following payroll burdens:
- FICA Contributions
- Workers Compensation
- Premiums
- Public Liability Premiums
- Federal Unemployment Taxes
- State Unemployment Taxes
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This Results
In
Unnecessary
Higher Labor
Costs
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The Solution
Use our plans to provide valuable benefits to your
employees while you gain the following benefits:
- Reduce your payroll burden
- Keep private work wages and government wages closer
- Lower your bids to be more competitive
- Increase your profits
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Contractors Benefit Services, LLC
223 East Center Street Manchester,
CT 06040 Telephone: (860) 533-3090
Toll Free: (800) 800-5206
Facsimile: (860) 645-7460
Email: tgorman@gormaninsurance.com |
PREVAILING WAGE FRINGE BENEFIT
PLANS
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