Areas of Expertise
We Provide business and insurance solutions to contractors working Professional Services, Service Contract Act, Davis-Bacon Act, and International Defense Base Act contracts.
One Source for P&C, Employee Benefits, and Surety
Our Government Contractor Solutions team is a unit of experts providing business and insurance solutions to contractors working Professional Services, Service Contract Act, Davis-Bacon Act, and International Defense Base Act contracts. We develop single-source, custom solutions, including total compensation, fringe management, workers’ compensation, and insurance management for government contractors.
Our solutions are built with your specific needs and challenges in mind, and are applicable for primes, subcontractors, joint ventures, and subsidiaries.
Employee Benefits
We combine the resources of our national best-in-class benefits brokerage with the knowledge and experience of over 150 employees, and hundreds of years of combined service specific to federal contracting. The intersection of our federal contracting knowledge and our benefits expertise is the foundation of a greater benefit to the federal contractor. We provide solutions that deliver competitive, compliant, and profitable platforms.
Our services include:
- Compliance Solutions
- Financial/Underwriting Services
- Total Compensation Review, Strategy, and Advisory Support
- Employee Communication Services
- Benefits Administration
- Service Contract Act (SCA) and Davis Bacon Act (DBA) Training
- Health & Productivity Services
- ERISA Retirement Plan Services
- Advisory Services
Fringe Dollar Management
Service Contract Act and Davis-Bacon Act contracts require “fringe dollars” to provide employee benefits. With AssuredPartners as you’re your company’s employee benefits administrator, you will gain access to a full-service benefits administrator that provides your employees with the most cost effective and comprehensive employee benefits package available in the industry.
Our team provides a single-source solution for all of your government contract fringe benefits product administration, including fringe dollar management using extensive services and comprehensive employee benefits packages while providing your company and its employees with fringe accounting reports defining how the fringe dollars were allocated and spent.
Risk and Insurance Program Management
The Government Contractor Solutions team works with contractor clients to created insurance and risk management solutions that improve bidding competitiveness, improve win rates, fuel growth, and drive profitability and contract retention. Our team has been built to support clients in many industries, along all levels of the operation.
Our services include:
- Specialized Risk Financing Strategies
- Experience Modification Management
- Loss Forecasting and Experience Trending Analysis
- Client-Specific Risk Transfer Strategies
- Safety Program Development and Support
- Comprehensive Risk Management for CONUS and OCONUS Operations
- Defense Base Act, USL&H, Jones Act, Foreign Workers Compensation
- International Placements
- Surety Bonding Solutions
- Workers Compensation Solutions
- Cyber Liability Assessment and Placement
Government Contracting Blog
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...
