The Prevailing Wage Report

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

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.comHost: Mark Van AukenGuest: Heather Torretta, Owner & Founder, Prevailing Wage Consulting, LLCTime Stamps & Show Notes00:00 Intro and Infrastructure Surge02:12 Grant Funding and Compliance Complexities03:50 The Trade Classification Analogy05:38 Preparing a Compliant Bid07:06 Common Worker Classification Issues09:34 Certified Payroll Form Nuances11:22 Fines, Penalties, and Debarment15:52 The Would You Rather Segment17:39 Final Advice for Contractors

Welcome to Season 1, Episode 0 of The Prevailing Wage Report. Host Mark Van Auken sits down with Heather Torretta, owner and CEO of Prevailing Wage Consulting, LLC, to introduce the podcast and explain how her team helps contractors navigate the complexities of prevailing wage compliance. Heather breaks down the importance of proper labor reporting on publicly funded construction projects and shares how her diverse team tailors their teaching styles to help clients succeed.They also discuss the core mission of the podcast: boiling down confusing jargon into actionable advice, addressing common pain points like worker misclassification and apprentice rules, and making sure contractors feel confident instead of overwhelmed.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.comHost: Mark Van Auken Guest: Heather Torretta, Owner & Founder, Prevailing Wage Consulting, LLCTime Stamps & Show Notes 00:00: Intro to Prevailing Wage Consulting 01:59: Team Diversity and Learning Styles 03:49: Team Culture and Hobbies 06:43: Podcast Goals and Removing Jargon 11:09: Common Compliance Pain Points 14:20: The Would You Rather Segment 15:13: Final Thoughts and Support

Our first episode releases tomorrow!