Once there was a country with unemployment hovering around 10%, high consumer debt, malfeasance by banks and investors, corporate stocks trading at dropping prices, and a growing inequality of wealth. In response, its government instituted welfare programs on an extraordinary scale, created new agencies, threw its support behind labor unions, and spent money at a dizzying pace.
Are You Over-Pay ing Your Workers on Government Jobs?
March 5, 2010
Published by:
Construction Business Owner – March 2010
Link to article: Here
Contractors looking to work on American Recovery and Reinvestment (ARRA) funded projects in 2010 can be certain of two things: opportunity and competition. While the ARRA was signed into law over a year ago, the vast majority of infrastructure projects funded with ARRA dollars will begin construction in 2010. A recent report issued by Onvia, a government contracting and business intelligence resource, estimates that only about 27 percent of projects created by the ARRA-approximately 9,500-had actually been awarded to contractors by the end of 2009. This means there are still over 25,000 projects that are fully or partially funded by stimulus funds, which will begin in 2010.
Benefits firm sees boost as regulations enforcement stiffens
March 4, 2010
Published by:
Austin Business Journal – Feb/March 2010
Government contractors are facing more scrutiny from the Department of Labor, and one Austin company — Fringe Benefit Group — believes it’s in a position to help them follow wage and benefit rules.
To do business with the government, contractors must comply with the Davis-Bacon Act of 1931, which requires contractors to pay prevailing wages and benefits to employees assigned to public works projects.
In the last year, compliance has become an even bigger issue for contractors as the Labor Department has begun to crack down on businesses. Last year, the Labor Department hired 250 field investigators to ensure government contractors are complying with the Wage and Hour Law.
New Partnership Helps Government Contractors Lower Payroll Costs While Staying Compliant
January 25, 2010
Foundation andFringe Benefit Group working together to provide governmentcontractors with a competitive advantage.
Brunswick, OH, and Austin – January 25, 2010 –Foundation Software, Inc., the developer of America’s #1 construction accounting software, and Fringe Benefit Group, an industry leader in group benefit plans designed specifically for hourly and part-time workers, today announced a partnership intended to provide government contractors with a competitive advantage when bidding government projects. As a result of the alliance, merit shop government contractors will be able to dramatically lower payroll costs while streamlining their payroll, benefits and accounting processes and remaining compliant with increasing government regulations.
Your Piece of the Economic Stimulus Pie
December 9, 2009
Benefits Selling
The Goverment contractor marketplace is a hotbed of opportunity for savvy producers
By Bill Henson
Your piece of the economic stimulus pie
The American Recovery and Reinvestment Act is sending hundreds of billions of dollars hurtling toward Main Street, USA, to stimulate job creation, enchance services, and build or rehabilitate infrastructure. But, as with any federal funding, this money comes with strings attached.
Products
Benefits Administration
Compliance
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