The 2024 Health & Welfare Fringe Benefit Rate
07/19/2024

Annually, government contractors eagerly await the U.S. Department of Labor’s announcement of the new fringe benefit obligation for health and welfare benefits under the Service Contract Act (SCA)....

Understanding SCA Employee Benefits
07/23/2023

The Service Contract Act (or SCA) is one of the most important governing laws that contractors should be aware of. The SCA’s connection to employee benefits is a major factor in understanding the...

The DoD is Considering Contract Adjustments for Inflation
10/06/2022

On September 9, 2022, the Department of Defense (DoD) issued guidance to help manage the effects of inflation for federal contracting officers that are in existing fixed-price contracts. The...

Partnering With a Better Benefit Administrator
08/26/2022

At Boon, we think of ourselves as your link to benefits. To us that means bringing our expertise to the table, hearing your unique concerns, and delivering the best possible solution for your...

The Inflation Reduction Act: Here’s What You Need to Know
08/22/2022

On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022 into law. The package contains over $430 billion and is expected to reduce the deficit by more than $300 billion...

How the 2022 SCA Fringe Rate Could Impact Government Contractors
07/21/2022

For the past several years, government contractors have found themselves in an increasingly challenging financial position. The COVID-19 pandemic has thoroughly shaken business and operations,...

It’s Here! The 2022 Health and Welfare Fringe Benefit Rate
06/27/2022

Every year, government contractors eagerly await the U.S. Department of Labor’s announcement of the new fringe benefit obligation for health and welfare benefits under the Services Contract Act...

The Advantage of Putting Fringe Benefits Towards a Retirement Plan
06/24/2022

In the government contracting space, contracts are won on narrow margins of dollars and cents – and good sense! Utilizing the fringe dollars required by government contracts on employee benefits...

How Businesses Should Prepare for IIJA Opportunities
04/19/2022

The $1.2 trillion Infrastructure and Investment Jobs Act (IIJA) was signed into law in November 2021, bringing immense opportunities and job creation. From roads and bridges to clean energy...