The WH-347 form is a vital document for federal construction contractors. It is mandated for weekly submission on federal projects exceeding $2,000.
Required by the Davis-Bacon Act, the WH-347 form enables the government to monitor adherence to prevailing wage standards on applicable contracts. Misunderstanding or mismanaging this form can lead to noncompliance and significant penalties.
Table of Contents
- What is the purpose of the WH-347 form?
- When is it required?
- What key information must be included?
- How should it be filed and retained?
Understanding the details of the WH-347 payroll form is essential to ensure your business remains compliant on all federal construction projects.
Purpose of the WH-347 Form
The primary purpose of the WH-347 form is to verify that contractors comply with prevailing wage laws. It provides detailed payroll documentation, allowing the government to audit and ensure that appropriate hourly rates and fringe benefits are paid to all workers based on their job duties.
When is Form WH-347 Required for Contractors?
Form WH-347, also known as the Certified Payroll Form, is mandatory for contractors working on federally funded construction projects. Here's an in-depth look at when this form is required:
- Davis-Bacon Act Requirements: This legislation mandates the submission of certified payroll reports for government construction contracts. Form WH-347 must be filed for any federal contract valued at $2,000 or more, covering the construction, alteration, or repair of public buildings or public works.
- Federal Assistance Projects: This requirement extends to contractors working on federally assisted contracts funded through grants, loans, loan guarantees, and insurance. The Davis-Bacon Act's wage standards apply to all 50 states, Washington D.C., and U.S. territories.
- Additional Federal Statutes: Over 60 other federal statutes also require prevailing wage compliance on assistance agreements. Agencies such as the U.S. Department of Transportation, HUD, and EPA mandate the submission of payroll forms to verify adherence to prevailing wage requirements.
In summary, Form WH-347 is required for any construction contract valued at $2,000 or more involving federal funding or assistance. This applies to both prime and subcontractors on covered projects. Recognizing when this form is necessary is crucial for maintaining regulatory compliance and avoiding violations.
What Must Be Included on the WH-347
The WH-347 form requires the following information:
- Company Information: Name, address, and employer identification number.
- Contract Details: Project name, contract number, and location.
- Employee Information: Names, addresses, work classifications, and social security numbers.
- Wage Details: Hourly rates of pay, fringe benefits, deductions, overtime hours, and weekly totals.
Each worker involved in the contract must be documented weekly.
Proper Filing and Retention Rules
Contractors must submit the WH-347 form to the contracting officer weekly, covering all work performed the previous week. Additionally, forms must be retained for a minimum of three years after the project's completion for audit purposes.
Accurately completing the WH-347 form is essential for compliance and to avoid issues with the Department of Labor. If you need assistance with your certified payroll reporting requirements, our team is here to help.