Beneco Breakfast & Learn: Winning with Prevailing Wage

Winning with Prevailing Wage

Tuesday, May 26, 2026
8:00 AM - 9:30 AM
IECRM - 912 Smithfield Drive
Fort Collins, CO 80524
FREE for IECRM Members - Breakfast Included!

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Prevailing wage requirements can be complex, especially amid ongoing regulatory updates, labor market shifts, and rising competition for skilled workers. If you’re planning to bid or already working on public projects, join Beneco and IEC Rocky Mountain for a free seminar designed for electrical contractors and their business leaders.

Our team will explain the basics and introduce concepts such as annualization and fringe-dollar optimization. You’ll leave with a clear understanding of how prevailing wage works, where fringe dollars fit in, and how smart employee benefit strategies can help you protect margins, keep employees on board, and stay competitive, even as costs are rising.

Topics Include:

  • Prevailing wage 101: What counts as a prevailing wage project, who enforces it, and why it matters for your bids.
  • Fringe dollars explained: Where to find wage determinations, how fringe rates are calculated, and why payment structure matters.
  • Annualization basics: Learn what annualization means, when it’s required, and how to do the math to avoid costly mistakes.
  • Common risk areas: Learn about potential penalties, such as misclassifications and recordkeeping gaps, and how you can stay compliant.
With more public projects launching nationwide, knowing about prevailing wage is more than a compliance issue; it’s a real business advantage. Join us and get the information you need to strengthen your strategy for 2026 and beyond.

Who Should Attend:

Independent contractors, HR managers, CFOs, controllers, centers of influence, or anyone at a company performing public works jobs in Colorado or Wyoming who understands prevailing wage, the Davis-Bacon Act, and the Inflation Reduction Act can help them save money.

**Breakfast begins at 8:00 AM**

Info

912 Smithfield Dr
Units 1 & 2
Fort Collins, CO 80524 USA
Tuesday, May 26, 2026
8:00 AM - 9:30 AM

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