Service Contract Act & Davis-Bacon Act

When was the last time you reevaluated your benefits program? Protect your most valuable assets with PSA.

Since 1928, our mission has been to protect our client’s assets, and for many government contractors, their most important asset is their employees.

Throughout the years, we’ve helped hundreds of government contractors navigate the ever-changing regulatory landscape while enhancing their benefits offering. With regulations frequently evolving, it’s vital to stay informed to avoid potential penalties and ensure the continued success of your business.

If you’re looking for a benefits broker partner who knows the intricacies of government contracting, PSA is here to help.

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Why choose PSA for your insurance needs?

Simple answer: we understand government contractors. Long answer: we have a tailored suite of services and a depth of knowledge to help you get the most out of your budget while keeping your employees happy with competitive benefit offerings AND staying in compliance with local and federal regulations.

PSA specializes in the following areas:

Department of Labor Best Practices
SCA & DBA Contracts

Prevailing Wage Provisions
ERP/ HRIS/ Payroll Integration

Fringe Accounting
and much more!

Our Service Offerings

Population Health Management

By combining data analytics and clinical nurse intervention, we can expose latent risks in your employee population and engage with high- or emerging-risk health plan members to ensure they receive the specialized care they need. Improving the health and wellbeing of your employees while controlling insurance costs – everyone wins!

Comprehensive Benefits Brokerage

Partnering with our clients allows a closer look at the structures and trends that exist in the market. We have found that many brokers are surprisingly light in terms of strategic consultation, cost containment strategies, compliance oversight and alleviation of administrative burden, and we’re here to help.

HRIS Consulting

Our HRIS Consultants provide you with personalized, boots-on-the-ground support specific to your business’ needs and benefits strategy. From implementation to renewal, and everything in between, we’re here to help you improve administrative efficiency.

Compliance Services

Upon engagement, PSA will perform an initial compliance review to assess the level of compliance with major laws and regulations that impact health and welfare benefit plans. The compliance review analyses documents and contracts, discuss processes and procedures, and follow-up for areas of potential noncompliance.

Client Advocacy Center

Think of PSA as your benefits help desk. We give you and your employees access to a team of experts dedicated to solving day-to-day issues that may arise in your benefits plan. Our toll-free number assures your employees can get prompt answers to their benefit questions directly, without burdening your company’s management or human resources personnel. Consider us an extension of your HR Department!

Employee Education & Communication

Successful benefits enrollment starts with communications that are clear, effective and consistent. Our in-house team of benefits specialists put together relevant information in ways that your employees can easily understand and recognize. All employee communications are customized specifically for each client to ensure that company communication standards (e.g. fonts, colors, logos) are being met.

Government Contractor Program FAQs

How many Government Contractors does PSA work with?

PSA works with roughly 200 Government Contractors nationally, 50 of which are located within the Mid-Atlantic.

What is the average tenure of PSA’s Government Contracting clients?

Including newer groups engaged in recent years, we have provided health and welfare consulting services to 60% of our current clients for more than 5 years, with the average length of engagement being 14.5 years. In regard to our Government Contracting clients, the average tenure is 10 years. Government Contractors with less than 50 employees, the average tenure increases to 14 years.

What is PSA’s client retention rate?

We’re proud to have maintained an overall 95% client retention rate, and a 98% retention rate in the past two years.

What is PSA’s turnaround time for responses to client inquiries/emails?

Our typical response time is 2-3 hours.

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Click here to view our sample stewardship timeline

Let’s talk about getting compliant, saving money and streamlining benefits administration. Connect with our team today to get started.

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It is safe to assume, if you have a service contract, you will be audited. The Hour and Wage Division of the Department of Labor is shifting from a reactive approach to a proactive, systematic review of service contracts.

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