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Welcome to Season 1, Episode 1 of The Prevailing Wage Report. Host Mark Van Auken sits down with compliance expert Heather Torretta to discuss the surge in infrastructure funding across Colorado and how it is driving an increase in compliance demand. Heather breaks down the complexities of combining federal grant money, like the Infrastructure Investment and Jobs Act, with state and local labor reporting requirements. She explains why trade classifications are the most critical element to manage, likening the confusing regional differences to how people call soda Dr. Pepper or Coke depending on where they live.
The conversation also covers how to prepare a compliant bid by asking core questions, the danger of using the laborer classification as a catch all for skilled workers, and the severe consequences of non compliance, including fines, penalties, and complete debarment from publicly funded projects.
Don't forget to like, comment, or subscribe on YouTube or on your preferred podcasting platform!
To learn more and join the exclusive community portal, visit: Prevailingwageconsultingllc.com
Host: Mark Van Auken
Guest: Heather Torretta, Owner & Founder, Prevailing Wage Consulting, LLC
Time Stamps & Show Notes
00:00 Intro and Infrastructure Surge
02:12 Grant Funding and Compliance Complexities
03:50 The Trade Classification Analogy
05:38 Preparing a Compliant Bid
07:06 Common Worker Classification Issues
09:34 Certified Payroll Form Nuances
11:22 Fines, Penalties, and Debarment
15:52 The Would You Rather Segment
17:39 Final Advice for Contractors
By Prevailing Wage Consulting, LLCWelcome to Season 1, Episode 1 of The Prevailing Wage Report. Host Mark Van Auken sits down with compliance expert Heather Torretta to discuss the surge in infrastructure funding across Colorado and how it is driving an increase in compliance demand. Heather breaks down the complexities of combining federal grant money, like the Infrastructure Investment and Jobs Act, with state and local labor reporting requirements. She explains why trade classifications are the most critical element to manage, likening the confusing regional differences to how people call soda Dr. Pepper or Coke depending on where they live.
The conversation also covers how to prepare a compliant bid by asking core questions, the danger of using the laborer classification as a catch all for skilled workers, and the severe consequences of non compliance, including fines, penalties, and complete debarment from publicly funded projects.
Don't forget to like, comment, or subscribe on YouTube or on your preferred podcasting platform!
To learn more and join the exclusive community portal, visit: Prevailingwageconsultingllc.com
Host: Mark Van Auken
Guest: Heather Torretta, Owner & Founder, Prevailing Wage Consulting, LLC
Time Stamps & Show Notes
00:00 Intro and Infrastructure Surge
02:12 Grant Funding and Compliance Complexities
03:50 The Trade Classification Analogy
05:38 Preparing a Compliant Bid
07:06 Common Worker Classification Issues
09:34 Certified Payroll Form Nuances
11:22 Fines, Penalties, and Debarment
15:52 The Would You Rather Segment
17:39 Final Advice for Contractors