ishium 80439
Senior Member
This is response to a few threads I was reading/ searching on here plus the fact that I'm being asked to bid a small job that is prevailing wage/ certified payroll.
The thing is most of this is Greek to me. In all of my years in the trade I have never worked on a prevailing wage job and I have never bid one. I understand the basic concept but was wondering if anyone could give a basic outline, that is not written in legalese, about the process and how it works.
Some of the starter questions I have are where do I find the wage scales (this job is in Denver)? Who/ what/ how to certify payroll? Is that something I just tell my accountant about and they run with it? From an owner point of view what are some pitfalls that I should be aware of? It always seems like I am hearing about owners trying to skate around paying these wages- if you use the same % markup for your costs and your costs are higher don't you make more money anyway? What is the motivation for trying to dodge this if everyone you are bidding against is on the same playing field?
If someone who has knowledge of this could post some sort of basic outline (or if you know of a link) about how this works I would be deeply grateful. I imagine I'm not alone in not understanding this all. And as you post pretend that you are trying to communicate with a slightly evolved chimp- big words confuse me :grin:.
The thing is most of this is Greek to me. In all of my years in the trade I have never worked on a prevailing wage job and I have never bid one. I understand the basic concept but was wondering if anyone could give a basic outline, that is not written in legalese, about the process and how it works.
Some of the starter questions I have are where do I find the wage scales (this job is in Denver)? Who/ what/ how to certify payroll? Is that something I just tell my accountant about and they run with it? From an owner point of view what are some pitfalls that I should be aware of? It always seems like I am hearing about owners trying to skate around paying these wages- if you use the same % markup for your costs and your costs are higher don't you make more money anyway? What is the motivation for trying to dodge this if everyone you are bidding against is on the same playing field?
If someone who has knowledge of this could post some sort of basic outline (or if you know of a link) about how this works I would be deeply grateful. I imagine I'm not alone in not understanding this all. And as you post pretend that you are trying to communicate with a slightly evolved chimp- big words confuse me :grin:.