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Service Contract Act 

Learn the Secrets to Winning More Service Contract Act Projects

 When performing work on a Service Contract Act project, contractors must pay employees predetermined wages and fringe benefits with the option of paying the fringe benefits as additional cash wages.

Paying fringe benefits as additional cash wages is costing your company tens of thousands of dollars a year.
We provide bona fide fringe benefit plans that are designed to:

  • Reduce your payroll costs by 25% when doing prevailing wage jobs
  • Keep private work wages and government wages closer
  • Lower your bids to be more competitive
  • Increase your profits
  • Help you stay compliant with Department of Labor and Internal Revenue regulation


Our plans help your company re-direct fringe benefit program dollars that it already pays to a benefit solution that is customized to your individual needs - whether those needs are a pension plan, full major medical benefits, limited medical plans, or a combination.

 

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 What is Fringe Benefit?

A fringe benefit is a form of pay for the performance of services.   Any fringe provided is taxable and must be included in the recipient's pay. By providing your employee with The Contractors Plan you will save 25% on your payroll burden.

Davis Bacon Act

Service Contract Act

State Prevailing Wage

Fact Sheet of Savings

Bona-Fide Benefits

Limited Medical Plans Framework

The Contractors Plan