On March 2nd the Department of Labor posted its first debarment of 2020. Florida based electrical contractor Southern Integrated Systems LLC failed to pay overtime wages or even report overtime hours on certified payroll reports and will no longer be allowed to bid on federal contracts for a full three years. The contractor was working on an apartment complex in West Palm Beach and the project was federally funded through the U.S. Department of Housing and Urban Development. As such it falls under the requirements of the Davis Bacon Act which regulates the prevailing wage and fringe benefits for hourly workers. It appears the Department of Labor is cracking down on overtime violations. This is not surprising, last year the DOL issued its first major overtime rule updates in over 15 years. More on that here
With the rise in Department of Labor investigations it is more critical than ever for your company to remain above board and compliant with all payroll and fringe benefit regulations. Our fringe benefit plans coordinate with your existing payroll provider to ensure full compliance and eliminate your risk.