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Labor Compliance and Wage Determinations / Wage Determinations and Fringe

Fringe, Vacation, and Holidays

Lesson 6 of 12

Wage is not the same as fringe. Contractors must understand health and welfare, vacation, holiday, PTO, and nonproductive paid time cost.

Key Takeaways

  • Fringe can materially change cost.
  • Paid nonproductive time must be priced.

Common Mistakes

  • Treating fringe as optional.
  • Averaging incorrectly.

Related Course Templates

Wage Determination ReviewLabor Classification MatrixLoaded Labor Rate BuildSubcontractor Labor ReviewLabor Risk Register

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