A Contractors Guide to: Securing SCA Price Adjustments
When a new Wage Determination is incorporated into a federally funded project, Contractors are entitled to a price adjustment for increases in the prevailing wage and fringe benefit rates. In this Virtual Class, Onsi will provide an overview of how to prepare and submit a Price Adjustment request to Contracting which allows your company to recover the increased rate costs which must be passed on to covered service employees for Service Contract Act (SCA) compliance requirements. Register today and help protect your company from costly wage and fringe benefit increases!
A Contractor’s Guide to: Securing SCA Price Adjustments September 27th | 10am – 2pm (CST)
WHO SHOULD ATTEND?
The SCA Price Adjustment does not only effect those in Pricing – it shares impact across multiple departments and positions within the company. Take a look at the list below to see if you or your colleagues would benefit from this training:
WHAT WILL YOU LEARN?
When an SCA Price Adjustment is allowed and the time frame for submission of that request
You will learn how to identify when your company is entitled to an SCA Price Adjustment and the window of opportunity to submitting a price increase proposal, and if needed, how to properly request and receive an extension of time for future submission of a price increase request.
Which increased costs are allowable in an SCA Price Adjustment request
In addition to identifying which costs are properly eligible for a price adjustment, you will also learn the type of supporting documentation required by Contacting thereby reducing your changes of having the request denied.
When an increase of wage or fringe benefit rates must be paid to a covered service employee
You will learn when an employer must begin paying the new hourly rates to covered service employees. Is it before or after the employer receives the price adjustment increase from the government?
Perform ACTUAL Price Adjustment Exercises
You will be given hands-on materials and real-life examples to put to practice immediately what you have learned!
And much, much more!
WHAT OUR CLIENTS HAVE TO SAY
COO at Dependable Health Services Inc.
Chief Financial Officer at Lifehealth Inc.
Benefits Administrator Complete Mobile Dentistry
Our Virtual Class will be hosted online on September 27, 2022. Register for the class down below, and we will keep you updated with virtual invitation closer to the event.
Need more time? Let's stay in touch.
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