The Walsh-Healey Public Contracts Act states that a service contract is an agreement entered into by a contractor and the government, (or representative on behalf of the government) to ensure that all wages paid on a government contracted jobs are within the limitations set forth by the Davis Bacon Act. Generally these contracts are presented to an agency that will compare bids by other companies. The winning contracts will be presented to the Department of Labor, and they will confirm the wage determinations on a contract-by-contract basis. These determinations will then be incorporated into the original service contract submitted.
Contracting companies who work on a job where a Service Contract is required, understand that in order to win more bids they need to maximize efficiencies, reduce costs and maintain compliance with in the government standards. Let HISI help you create a plan that has flexibility to handle a multitude of funding arrangements and benefit options, as well as reducing payroll burden, submit leaner bids and win more jobs. Contact us today at (301) 590-0006