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Service Contract Act Fringe Rate Increases 2024
Government Contracting 09/27/2024
Effective July 2, 2024, the Department of Labor announced the 2024 rate for Service Contract Act prevailing health and welfare benefits through All Agency Memorandum 246. Please find the following...
The McNamara-O'Hara Service Contract Act (SCA) of 1965 requires contractors and subcontractors performing services on prime federal contracts to pay service employees in various classes (typically...
Providing Service Contract Act (SCA) employees with benefits can reduce costs for contractors on bids and increase their competitiveness against peers, all while offering employees valued benefits....
Effective July 1, 2024, the U.S. Department of Labor (DOL) increased the Fair Labor Standards Act's (FLSA) annual salary-level threshold for white-collar exemptions from overtime requirements from...
In April 2021, President Biden issued Executive Order 14026, a significant policy change that increased the minimum wage for employees of federal government contractors to $15. This increase is not a...
The Service Contract Act (SCA) is a crucial legislation that sets minimum wages, fringe dollars, vacation, holidays, and sick leave for employees working on federal service contracts in the domestic...
Are you working a federal service or construction contract? We can be of assistance! AssuredPartners stands above other insurance professionals nationally when it comes to our breadth of knowledge...
The U.S. Department of Labor announced a final rule to implement the requirements of Executive Order 14055, “Nondisplacement of Qualified Workers Under Service Contracts,” which requires contractors...
Providing The Service Contract Act (SCA) employees benefits can reduce costs for contractors on bids and increase competitiveness against peers while simultaneously providing employees with valued...
Are you working a federal service or construction contract? Perhaps we can be of assistance. AssuredPartners stands above other insurance professionals nationally when it comes to our breadth of...