Certified payroll
Used for all government construction contracts that fall under the Davis-Bacon Act, certified payroll requires completion of Federal Form WH-347 that lists all employees, wages, benefits, the number of hours worked and type of work. This form must be submitted on a weekly basis along with withholdings, gross wages and a statement of compliance.
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“Now I’m paying my workers for when they actually worked. We save $50,000 a year, maybe more.”
- Mike Cooper,
Cooper Drywall, Knoxville, TN
