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Service Contract Act Fringe Rate Increases 2024
Blog 09/27/2024
government-contractingEffective 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...
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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...
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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....
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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...
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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...
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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...
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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...
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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...
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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...
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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...