INNOVATIVE, SIMPLE, TRANSPARENT
We Offer a Range of Services to Meet Your Needs
Benefit Design
Our innovative health plan design is built on years of experience to deliver the best value possible to your and your employees. Our fees are 100% transparent. NO HIDDEN KICKBACKS or BACK DOOR TRUSTS.
Compliance & Audit Trail Accounting
Utilizing cloud-based technology to provide automated Fringe Benefit Administration and Compliance you and your employees are always the first to know where and how your fringe dollars are applied.
Third Party Administration Services
High touch, high value claims administration and benefits. Also using cloud-based technology, access to data to manage your companies benefits has never been easier.
Innovation in Healthcare
Simple to Understand and Transparent health plans providing a combination of first dollar benefits for everyday healthcare and catastrophic major medical so employees and their families are secure.
Providing coverage to not only your employees but also to their loved ones creates safety and trust.
FRINGE BENEFIT PLANS:
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First dollar benefits for EE & DEPs.
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Gap Coverage Plans for life changing events.
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Major Medical Coverage for the EE & DEP's.
Randall Project
H. Lee Moffitt Cancer Center &
Research Institute
Tampa, FL
Laws & Regulations
Service Contract Act
The McNamara O'Hara Service Contract of 1965, as Amended (SCA)
The Service Contract Act requires contractors and subcontractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the wage rates and fringe benefits found prevailing in the locality, or the rates (including prospective increases) contained in a predecessor contractor’s collective bargaining agreement. The Department of Labor issues wage determinations on a contract- by-contract basis in response to specific requests from contracting agencies. These determinations are incorporated into the contract.
For contracts equal to or less than $2,500, contractors are required to pay the federal minimum wage of $5.15 an hour (as of September 1, 1997) as provided in Section 6(a)(1) of the fair labor Standards Act. Contractors must also, under the provisions of the Contract Work Hours and Safety Standards Act and the Fair Labor Standards Act, pay employees at least one and one-half times their regular rate of pay for all hours worked over 40 hours in a workweek.
Code of Federal Regulations
Important Parts
Section Number: 4.165
Section Name: Wage payments and fringe benefits–in general.
(c) The prevailing rate established by a wage determination under the Act is a minimum rate.
Section Number: 4.170
Section Name: Furnishing fringe benefits or equivalents.
(a) … Fringe benefits required under the Act shall be furnished, separate from and in addition to the specified monetary wages, by the contractor or subcontractor to the employees engaged in performance of the contract… (b) … A contractor may dispose of certain of the fringe benefit obligations which may be required by an applicable fringe benefit determination, such as pension, retirement, or health insurance, by irrevocably paying the specified contributions for fringe benefits to an independent trustee or other third person pursuant to an existing “bona fide” fund, plan, or program on behalf of employees engaged in work subject to the Act’s provisions …
Section Number: 4.172
Section Name: Meeting requirements for particular fringe benefits–in general.
… No deduction from the specified amount may be made to cover any administrative costs, which may be incurred by the contractor in providing the benefits; as such costs are properly a business expense of the employer …
Section Number: 4.175
Section Name: Meeting requirements for health, welfare, and/or pension benefits.
… As set forth in Sec. 4.172, unless specified otherwise in the applicable determination such payments are due for all hours paid for, including paid vacation, sick leave, and holiday hours, up to a maximum of 40 hours per week and 2,080 hours per year on each contract …
(b) Some fringe benefit determinations specifically provide for health and welfare and/or pension benefits in terms of average cost. Under this concept, a contractor’s contributions per employee to a “bona fide” fringe benefit plan are permitted to vary depending upon the individual employee’s marital or employment status. However, the firm’s total contributions for all service employees enrolled in the plan must average at least the fringe benefit determination requirement per hour per service employer …
Section Number: 4.176
Section Name: Payment of fringe benefits to temporary and part-time employees.
(a) … the Act makes no distinction, with respect to its compensation provisions, between temporary, part time, and full-time employees …
Section Number: 4.180
Section Name: Overtime pay–in general.
… In determining any overtime pay to which such service employees are entitled under any Federal law, the regular or basic hourly rate of such an employee shall not include any fringe benefit payments computed here under which are excluded from the regular rate under the Fair Labor Standards Act by provisions of section 7(d)
Davis-Bacon Act (DBA)
The Davis-Bacon Act of 1949, as amended, and related acts and regulations.
The Davis-Bacon Act, as amended, requires that each contract over $2,000 to which the United States or the District of Columbia is a party for the construction, alteration, or repair of public buildings or public works shall contain a clause setting forth the minimum wages to be paid to various classes of laborers and mechanics employed under the contract. Under the provisions of the Act, contractors or their subcontractors are to pay workers employed directly upon the site of the work no less than locally prevailing wages and fringe benefits paid on projects of a similar character. The Davis-Bacon Act directs the Secretary of Labor to determine such local prevailing rates.
In addition to the Davis-Bacon Act itself, Congress has added prevailing wage provisions to approximately 60 statutes, which assist construction projects through grants, loans, loan guarantees, and insurance. These Related Acts involve construction in such areas as transportation, housing, air and water pollution reduction, and health. If a construction project is funded or assisted under more than one Federal statute, the Davis-Bacon prevailing wage provisions may apply to the project if any of the applicable statutes requires payment of Davis-Bacon wage rates.
The geographical scope of the Davis-Bacon Act is limited, by its terms, to the 50 states and the District of Columbia. By the same token, the scope of each of the related Acts is determined by the terms of the particular statute under which the Federal assistance is provided. For example, Davis-Bacon prevailing wage provisions would apply to a construction contract located in Guam or the Virgin Islands funded under the Housing and Community Development Act of 1974, even though the Davis-Bacon Act itself does not apply to Federal construction contracts to be performed outside the 50 States and the District of Columbia.
Davis-Bacon wage determinations are to be used in accordance with the provisions of Regulations, 29 CFR Part 1, Part 3, and Part 5.
Additional Regulation Resources
A Seamless Experience
RFP is a modern third-party administrator (TPA) specializing in government contractor healthcare benefits, services and compliance for contractors and your employees.
Our technology platform offers employers and employees a user-friendly and seamless experience.
We have constructed an ecosystem and incentive structure designed to root out waste and optimize the fringe dollars on behalf of the employees and families of government contractors.
RFP simplifies the experience and designs health plans to eliminate the expenses that drive up healthcare premiums to support the backbone of our great country - the companies and employees of Government Contractors.
Why RFP Administrators
INNOVATIVE
SIMPLE
TRANSPARENT
Reduction in Costs, Easy to Understand, and Unparalleled Access combine to deliver healthcare benefits that government contractors desire and employees love.