Davis-Bacon Compliance — Job Costing — ControlQore Integration
Davis-Bacon · Prevailing Wage · Federal Construction · Certified Payroll · Fringe Benefits
Davis-Bacon
Job Costing.
Davis-Bacon compliance doesn't have to be a separate administrative burden disconnected from your financial system. We build Davis-Bacon wage requirements, fringe benefits, and certified payroll directly into your ControlQore job costing so prevailing wage compliance is part of your financial visibility — not bolted on top of it.
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SPM vs. Other CFO Firms
Most CFO Firms Serving This Trade
- High revenue minimums — most won't serve under $5M
- Advisory only — no bookkeeping, no implementation
- No job costing setup or ControlQore management
- No monthly WIP as standard deliverable
- No pricing published — discovery call required
- No vetted partner network for bonding, lending, or liens
- No prevailing wage specialty
The Construction CFO — SPM
- Serves $1M–$12M — starts at $1,900/month
- Full implementation — bookkeeping, job costing, CFO advisory
- ControlQore setup and managed for you every month
- Monthly WIP standard in Executive tier
- Full pricing published — no discovery call to find out costs
- Vetted partners for bonding, lending, lien services, payroll
- Prevailing wage and Davis-Bacon specialty
What We See in This Business
01
Wage Determinations Don't Make It Into Job Costing
Davis-Bacon wage determinations set minimum wages by trade classification and location — and they change. When determinations update mid-project, most contractors don't update their job costing. Margin silently erodes as the actual wage rate diverges from the estimated rate.
02
Fringe Benefit Elections Are Calculated Wrong
Davis-Bacon fringe benefits can be paid in cash or through qualifying plans. The election strategy affects true labor cost — and most contractors calculate it wrong. They either overbid on competitive projects or underbid on scopes where fringe elections matter.
03
Certified Payroll Errors Trigger Investigations
Certified payroll reports must match payroll records exactly. Errors — even administrative ones — trigger DOL investigations, back pay liability, debarment proceedings, and reputational damage that affects future bid eligibility.
How SPM Fixes It
Wage Determination Integration in ControlQore
We build current Davis-Bacon wage determinations into your ControlQore job costing by trade classification so your cost structure stays accurate when determinations update. Bid rates and actual rates stay aligned.
Fringe Benefit Cost Optimization
We analyze your fringe benefit election strategy — cash vs. qualifying plans — and build the most cost-effective structure into your job costing so you're competitive on bids without leaving money on the table.
Certified Payroll Accuracy Through Integration
Through our vetted payroll partners, certified payroll reports are generated directly from integrated payroll data — accurate, compliant, and reconciled to your ControlQore job cost every pay period.
Service Tiers
Tier 01
Core Financial
Starts at $1,900 / month
- ControlQore setup and management
- Job costing aligned to your estimate structure
- Cost-to-complete tracking — updated monthly
- Full-service bookkeeping — minimum 30 min/week
- Vendor payments via ACH (you approve, we initiate)
- Accounts receivable management
- Bank reconciliations and transaction matching
- Controllership
- 1 monthly CFO meeting
- 60-day onboarding — books migrated to last taxable year
Most Popular
Tier 02
Executive Financial
Starts at $2,900 / month
- Everything in Core Financial
- Monthly WIP schedule — delivered every month, standard
- 13-week cash flow forecasting
- CEO Report — monthly financial dashboard
- 3 CFO advisory meetings per month
- Strategic accountability and actionable to-dos
- Direct access to Josh Luebker
Pricing by Revenue
Revenue Range
(Last 12 Months) |
Core Financial
Monthly |
Executive Financial
Monthly |
| Under $1M | $1,900 | $2,900 |
| $1M – $3M | $2,600 | $3,600 |
| $4M – $6M | $3,800 | $5,500 |
| $7M – $9M | $5,100 | $6,900 |
| $10M – $12M | $6,100 | $8,500 |
| $13M+ | Quoted | Quoted |
Vetted Partner Network
National Lien Services
When AR gets too long, we connect you directly to our lien services partner to protect what you've earned.
Additional cost — not included in monthly fee
Payroll Integration Partners
Prevailing wage and regular payroll software partners integrated directly with ControlQore job costing.
Additional cost — not included in monthly fee
Bonding Partners
Surety relationships and bonding capacity support. We prepare the financials — our partners get you bonded.
Additional cost — not included in monthly fee
Lending Partners
Working capital lines and equipment financing through vetted lenders who understand construction.
Additional cost — not included in monthly fee
Reviewed Financials
CPA-level financial statement reviews for banking, bonding, and large contract requirements.
Additional cost — not included in monthly fee
CPA Coordination
We work alongside your existing CPA — not replacing them. Clean books and job costing make tax time easier.
Included — no extra cost
Common Questions
Straight answers.
What is Davis-Bacon and who does it apply to?
The Davis-Bacon Act requires payment of prevailing wages on federal and federally assisted construction contracts over $2,000. It applies to contractors and subcontractors on covered projects — setting minimum wage rates by trade classification and geographic area via published wage determinations.
How does SPM handle Davis-Bacon vs. state prevailing wage laws?
Federal Davis-Bacon and state prevailing wage laws follow similar structures but have different rate schedules and compliance requirements. We build your job costing to reflect the applicable wage determination for each project — federal or state — so the right rates are always in your cost structure.
What's included in Core Financial?
ControlQore setup, job costing aligned to your estimates, cost-to-complete tracking, full bookkeeping (minimum 30 min/week), ACH vendor payments (you approve, we initiate), AR management, bank reconciliations, transaction matching, controllership, and 1 monthly CFO meeting. Starts at $1,900/month.
What does Executive Financial add?
Everything in Core plus monthly WIP schedule, 13-week cash flow forecasting, CEO Report, and 3 CFO advisory meetings per month. Starts at $2,900/month. WIP, cash flow forecasting, and the CEO Report are Executive tier only.
Do you handle payroll?
No. We have vetted payroll software partners — including prevailing wage integrations — that connect directly with ControlQore. Those are separate engagements at additional cost.
How long does onboarding take?
60 days. We migrate your books to the start of your last taxable year, set up ControlQore, and build your job costing structure. Fully operational in two months.
What software do clients use?
ControlQore. All SPM clients run on ControlQore for job costing and WIP. We set it up and manage it — you don't have to learn it. Clients switching from QuickBooks, Sage, or other platforms migrate during onboarding.
Do you work alongside our CPA?
Yes. We work alongside your existing CPA — not replacing them. Clean books and accurate job costing make their job easier at tax time.
What happens when we grow past $12M?
We have a clear graduation path. We prepare your financials, systems, and team for the transition and connect you with the right firm for your next stage of growth.