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The document outlines the requirements for contractors and subcontractors working on federally financed construction projects to submit weekly payroll statements to the U.S. Department of Labor. It emphasizes compliance with the Copeland Act and Davis-Bacon prevailing wage rates, detailing necessary information such as employee wages, hours worked, and deductions. The document also includes a signed 'Statement of Compliance' confirming that all employees have been paid appropriately and that no illegal deductions have occurred.

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What is optional form 347 used for?

This form may be used by contractors to submit certified weekly payrolls for contracts subject to the Davis-Bacon and related Acts.

What is a payroll certification?

It requires employers to provide details about current or terminated employees, including personal information, job title, pay rate, deductions, and reasons for termination. The form also requests gross wages and any additional compensation over the last four weeks.

What is a 347 form?

Form WH-347 provides fields for contractors and subcontractors to document all wages paid to each worker, whether paid entirely as cash wages or by a combination of cash wages and employer-provided bona fide fringe benefits, and provides for the contractor or subcontractors certification in the Statement of Compliance

What is a certified payroll form?

Certified payroll reports confirm that contractors and subcontractors working on federally-funded projects are paying their employees prevailing wages in ance with the Davis-Bacon and Related Acts.

What is the form for Davis-Bacon wages report?

The WH-347 is the report used to show compliance with Davis-Bacon wages and benefits. It is filed weekly and sent to the contracting authority on the project for review.

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What does certified payroll mean?

Certification Benefits Earning a payroll certification showcases your expertise to employers, clients, and peers. Certification also opens doors to advancement opportunities, greater earning potential, and a stronger professional network.

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What is optional form 347 used for?

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What does certified payroll mean?

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