Welcome to our newsletter! You will find important updates and industry related news, along with upcoming speaking events and educational opportunities. Thank you for your interest in CCMI.

Sincerely,




Deborah Wilder
CCMI President 

 
WHATS NEW?     
 
Pension Obligations for California Employers
 
The California legislature is mandating that all employers with 5 or more employees set up some type of pension plan or use the CalSavers (state plan) to allow their workers to contribute to an IRA type pension plan. While the plan does not require any contribution from the employer, it does impose penalties of $100 per employer per year (maximum $5000) for employers who do not set up a plan. Here are the deadlines for companies:  
 
More than 100 employees September 30, 2020
 
50-99 employees June 30, 2021
 
5-49 employees June 30, 2022
 
For union signatory contractors performing work on public works projects, they will receive an exemption because of their existing pension program. Open shop employers who have a prevailing wage pension plan will also qualify for an exemption. So in that way, the worker's get a great pension plan which meets prevailing wage requirements and the employers receives the benefit of using pretax dollars to fund this obligations, saving payroll taxes, and reducing items such as worker's compensation premiums (based on payroll).
 
If you want more information on this topic Deborah is speaking at a webinar on July 15th 12-1:15 p.m. (PST) on an Associated Builders and Contractors sponsored program. Use this link to register for the event.  
 
UPCOMING SEMINARS AND SPEAKING OPPORTUNITIES
   
 
October 26-29th Foundation Software Conference originally scheduled for June 2-4 has been rescheduled to October 26-29/ Location: Cleveland, Ohio. Contact www.foundationsoftware.com for more details. Deborah will likely be speaking October 27th.
 
November 16-18th LCPtracker's Ignite Conference originally scheduled for June 16-19 has been rescheduled for November 16-18th. Location San Diego. Deborah will be speaking at several breakout sessions on the 17th and 18th . Contact www.LCPtracker.com  for more details.

Watch for LCPtracker's release of their ACADEMY focusing on prevailing wage compliance. Deborah is featured on over 20 different webinars.
 
 
Want to schedule your own prevailing wage workshop?
We will customize a workshop or webinar for you and your Agency/Company. Contact us at: info@ccmilcp.com 

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FROM THE INBOX....
You asked, we answered!

QUESTION: I am confused by the training contributions due for public works in Maryland. Sometimes they are required and sometimes not. Why is that? 
 
ANSWER:  
The answer boils down to the funding source. A number of years ago the State imposed training contributions for public works projects. Those are projects that exceed $500,000 and more than 50% of the funding is from the State. Cities and Counties have the option to adopt their own prevailing wage compliance when the local agency funds more than 50% of the construction project over $500,000. Some Cities and Counties and other local agencies have chosen to impose the state prevailing wage rates, but have not adopted the mandatory training contributions. And, any time federal Davis Bacon applies to a project, the State prevailing wage rates are superseded by federal Davis Bacon requirements (and so training contributions are not mandatory.
   
Feel free to send your questions to info@ccmilcp.com 

   
New Book: AGC of America's Davis Bacon Compliance Manual, 5th Edition ©  2019 is now out. Deborah Wilder is the author.  

You may purchase the book through www.agc.org or through the CCMI website : www.ccmilcp.com 
 
   

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CCMI is not just another firm....

We are not merely a "consulting" firm, but rather a team of individuals who understand the needs of the Public Entity and contractors to "get the project done." Our staff includes retired contractors, auditors, attorneys and industry veterans.