Navigating Denver Prevailing Wage Compliance

Welcome to Season 1, Episode 2 of The Prevailing Wage Report. Host Mark Van Auken sits down with compliance expert Heather Torretta to discuss the distinct nuances between federal, state, and local prevailing wage regulations. Heather breaks down how the State of Colorado and the City of Denver differ significantly from the standardized federal Davis-Bacon Act requirements. She shares why misunderstanding trade classifications is a consistent pain point for contractors, how different agencies enforce reporting consistency versus weekly reporting, and why ignoring the fine print can devastate a project's profit margin.Heather also explains how general contractors can keep their sites audit-ready by ensuring all requirements flow down to the lowest tiers of subcontractors.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: https://Prevailingwageconsultingllc.comHost: Mark Van Auken Guest: Heather Torretta, Owner & Founder, Prevailing Wage Consulting, LLCTime Stamps & Show Notes 00:00 Intro and Federal vs. State 01:00 Denver vs. Colorado Nuances 02:37 The Trade Classification Pain Point 04:42 Project Types and Compliance Guides 06:58 Navigating Multi-Agency Requirements 09:51 Audits, Fines, and Penalties 15:54 The Would You Rather Segment 18:29 Top Tip for General Contractors