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U.S. Department of Labor PAYROLL Employment Standards Administration Wage and Hour Division NAME OF CONTRACTOR (For Contractor's Optional Use; See Instructions at www.dol.gov/esa/whd/forms/wh347instr.htm)
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People Also Ask about
What is the origin of Davis-Bacon?
The Davis-Bacon Act, which requires that federal construction contractors pay their workers "prevailing wages," was passed by Congress in 1931 with the intent of favoring white workers who belonged to white-only unions over non- unionized black workers.
What is the Davis-Bacon Act for dummies?
The Davis Bacon Act of 1931 is a federal law that requires all on-site employees be paid fair wages, benefits, and overtime (also known as the “prevailing wage”) weekly while working on government-funded construction, alteration, or repair projects at a minimum threshold of $2,000.
What was Davis-Bacon renamed?
The Service Contract Act became the “Service Contract Labor Standards statute.” The Davis-Bacon Act became the “Construction Wage Rate Requirements statute.” The Copeland Anti-Kickback Act will be referred to as “Kickbacks.”
What is Form 347?
A WH-347 is a document used for payroll purposes by the Department of Labor. This form is generally filled out for contractors who wish to submit their certified weekly hours and the amount they are owed. This form provides space for multiple employees to be listed under a contractor.
Why is it called Davis Bacon?
The act is named after its sponsors, James J. Davis, a Senator from Pennsylvania and a former Secretary of Labor under three presidents, and Representative Robert L. Bacon of Long Island, New York. The Davis–Bacon act was passed by Congress and signed into law by President Herbert Hoover on March 3, 1931.
Can QuickBooks do certified payroll?
Step 5: Create a certified payroll report Sign into QuickBooks as the Primary Administrator. Make sure you're in single-user mode. Go to Reports, then select Employees & Payroll. Select More Payroll Reports in Excel, then Certified Payroll Report.
What does the term Davis-Bacon mean?
Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
What is the difference between payroll and certified payroll?
Certified Payroll is a company's accounting of everything paid out under a contract performed for a government client, while Wrap-Up Payroll is what a company has to report to their Workers Compensation Carrier for the state in which they are doing the work.
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What is davis-bacon payroll form?
The Davis-Bacon payroll form is a document that contractors and subcontractors working on federally funded construction projects are required to fill out. It is used to record and report the wages paid to laborers and mechanics employed on the project.
Who is required to file davis-bacon payroll form?
Contractors and subcontractors working on federally funded construction projects are required to file the Davis-Bacon payroll form.
How to fill out davis-bacon payroll form?
The Davis-Bacon payroll form can be filled out by providing the necessary information such as the name and address of the contractor, project information, labor classifications, hours worked, and wages paid to each employee. It is important to accurately record and report this information.
What is the purpose of davis-bacon payroll form?
The purpose of the Davis-Bacon payroll form is to ensure that contractors and subcontractors comply with the prevailing wage requirements set by the Davis-Bacon Act. It helps in monitoring and regulating the payment of fair wages to laborers and mechanics working on federally funded construction projects.
What information must be reported on davis-bacon payroll form?
The Davis-Bacon payroll form typically requires the reporting of information such as the employee's name, classification, hours worked, rate of pay, deductions made, and total wages paid. It may also require additional details specific to the project and prevailing wage determinations.
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