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IRA stands for "Inflation Reduction Act" of 2022. This is a piece of US legislation focused on reducing inflation, lowering healthcare costs, and investing in clean energy.
Certain clean energy projects (such as projects receiving IRA tax credits) are required to pay workers prevailing wages. At a basic level, this means looking up the appropriate prevailing wage determination from the sam.gov database and ensuring that all workers are paid prevailing wages during the construction of projects. There is significant complexity and nuance beyond this description as well – that's where DSPTCH comes into play!Certain clean energy projects—particularly those seeking to qualify for IRA tax credits—are required to pay workers prevailing wages. At a basic level, this involves identifying the correct prevailing wage determination from the SAM.gov database and ensuring that all workers are paid accordingly throughout project construction. However, the actual compliance process is far more complex and nuanced. That’s where DSPTCH adds value—by streamlining and simplifying the full scope of prevailing wage compliance.
Under the IRA, the taxpayer, typically the asset owner claiming the tax credits, is ultimately responsible for ensuring PWA compliance on a project. This responsibility extends to any violations committed by contractors or subcontractors during construction; the taxpayer remains liable for all non-compliance penalties, regardless of who committed the infraction. While contractual protections are often used to shift risk, they do not eliminate the underlying liability. This makes tools like DSPTCH especially valuable, offering taxpayers real-time visibility into contractor and subcontractor compliance activity, including any penalties accrued across the project.
Yea absolutely. Now you're speaking our language. Reach out to contact@dsptch.work and we'll set it up!
PWA stands for Prevailing Wage and Apprenticeship. The term is commonly used in the context of PWA compliance, which refers to meeting the requirements outlined in the Inflation Reduction Act (IRA) related to workforce compensation and training. At a high level, this includes paying construction workers the applicable local prevailing wage and employing a sufficient number of registered apprentices on eligible projects, but this is an extreme oversimplification.
Send us a site map at contact@dsptch.work. These days, EPCs, crane provider, receivers, commissioners, etc. will send us maps as projects progress. We've also got some secret sauce to staying ahead of the game, but feel free to send us any map out there!
Super simple. Your subcontractors sign up for an account, invite their workers to join their company, and then you invite your subs as providers onto a project. Our globally unified company architecture allows us to onboard companies at any time, enabling useful coordination and collaboration opportunities. Reach out if we can help!
