Prevailing Wage 101

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Overview

Speaking Engagement
Associated Builders and Contractors of Illinois, Construction Summit; Elk Grove Village IL

Join Jeff Risch at the 2024 Associated Builders and Contractors of Illinois, Construction Summit for a timely webcast discussing and examining prevailing wage law on a state and federal level. 

Topics will include:

  •  Prevailing Wage Law in Illinois “101” – an Overview and Refresher of the Basics

  • Contract Disclaimers and Protecting Your Own Bottom Line

  • Annualization of Fringe Benefits and the Impact on Contractors

  • Major Differences b/n IL law and Federal Davis-Bacon law

  • Completing the Certified Transcript of Payroll

  • Consequences for Non-Compliance (backpay, penalties, interest & debarment)

  • Case Law Updates/Developments

  • Dispelling Myths & Legend (what you think you know, may not be accurate)

Prevailing Wage 101

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