The McNamara-O’Hara Service Contract Act (SCA) applies to every contract entered into by the United States or the District of Columbia, the principal purpose of which is to furnish services through the use of service employees. The SCA requires contractors and subcontractors performing services on covered federal contracts in excess of $2,500 to pay service employees in various classes no less than the local prevailing wage rates and to furnish fringe benefits found prevailing in the locality. Safety and health standards also apply to such contracts.
- SECURE 2.0 Headed for Enactment
- Record Increases Projected for 2023 Retirement Plan Limits
- Simplifying the Retirement Planning Message
- Why Choose a Davis Bacon Pension Plan from Davis-Bacon Pension Plans, Inc.?
- What are Prevailing Wage Pension Plans?
- How Do Employers Benefit from Prevailing Wage Pension Plans?
- Why Your Business Needs a Davis Bacon Pension Plan
- Paying Fringe Benefits in Cash vs. in a Benefit Plan
- How Do Prevailing Wage Pension Plans Help Businesses?
- Using a Davis Bacon Pension Plan in a COVID-19 World